Qube Holdings is a diversified logistics and infrastructure company in Australia.
History
In July 2006, following the takeover of
Patrick Corporation
Patrick Corporation is an Australian seaport operator with operations in Brisbane, Fremantle, Melbourne and Sydney. Formerly listed on the Australian Securities Exchange, it is owned by Brookfield Asset Management and Qube Holdings.
History
...
by
Toll Holdings
The Toll Group is an Australian-based subsidiary of Japan Post Holdings with operations in transportation, warehousing and logistics in road, rail, sea and air. It has two divisions; Global Forwarding, Global Logistics.
History
In 1888, Al ...
,
Chris Corrigan and some executives departed and teamed with Kaplan Funds Management to explore logistics opportunities. In January 2007, the KFM Diversified Infrastructure & Logistics Fund was listed on the
Australian Securities Exchange
Australian Securities Exchange Ltd or ASX, is an Australian public company that operates Australia's primary securities exchange, the Australian Securities Exchange (sometimes referred to outside of Australia as, or confused within Australia as ...
.
In April 2007, a 75% shareholding in P&O Automotive & General Stevedoring and 50% shareholding in P&O Trans Australia were acquired from
DP World
DP World is an Emirati multinational logistics company based in Dubai, United Arab Emirates. It specialises in cargo logistics, port terminal operations, maritime services and free trade zones. Formed in 2005 by the merger of Dubai Ports Auth ...
.
In June 2010, the KFM Diversified Infrastructure & Logistics Fund was renamed Qube Logistics.
In April 2011, Qube exercised an option to take its ownership in P&O Trans Australia up to 95%. In 2012, Qube purchased
Independent Rail of Australia
Independent Rail of Australia was an accredited railway freight operator in New South Wales, Australia.
History
The company's origins can be traced back to 1990, when the Lachlan Valley Railway successfully tendered to operate wheat trains betwe ...
.
In January 2015 Qube acquired ISO limited in New Zealand.
As part of the break up of
Asciano
Asciano () is a ''comune'' and hill town in the province of Siena in the Italian region Tuscany. It is located at the centre of the Crete senesi between the river Ombrone and the torrent Copra, some southeast of the town of Siena by rail.
Histo ...
, Qube purchased a 50% stake in
Patrick Corporation
Patrick Corporation is an Australian seaport operator with operations in Brisbane, Fremantle, Melbourne and Sydney. Formerly listed on the Australian Securities Exchange, it is owned by Brookfield Asset Management and Qube Holdings.
History
...
in August 2016.
In 2019, Qube acquired Chalmers Industries and LCR Group. In September 2021,
Newcastle Agri Terminal
The Newcastle Agri Terminal (NAT) is an intermodal dry bulk cargo port operator located in Carrington, New South Wales. It is located within the Carrington Precinct of the Port of Newcastle utilising the Dyke 2 berth.
Facilities
The terminal's ...
was acquired/
[Qube acquires export grain facility Newcastle Agri Terminal]
Qube Holdings 8 September 2021[Qube Holdings to buy Newcastle Agri Terminal for $90million]
''Newcastle Herald
The ''Newcastle Herald'' (formerly branded as ''The Herald'') is a local tabloid newspaper published daily, Monday to Saturday, in Newcastle, New South Wales, Australia. It is the only local newspaper that serves the greater Hunter Region and ...
'' 9 September 2021
Operations
Ports and bulk
Qube has freight handling and stevedoring facilities at 29 ports in Australia through its subsidiaries P&O Automotive and General Stevedoring, Northern Stevedoring Services, Australian Amalgamated Terminals, PrixCar and the W Qube joint venture between Qube and Wilhelmsen Ships Service. It is also a 50% joint venture partner in
Patrick Corporation
Patrick Corporation is an Australian seaport operator with operations in Brisbane, Fremantle, Melbourne and Sydney. Formerly listed on the Australian Securities Exchange, it is owned by Brookfield Asset Management and Qube Holdings.
History
...
.
Logistics
Qube Logistics operates road and rail services. Qube operates rail freight services in regional
New South Wales
)
, nickname =
, image_map = New South Wales in Australia.svg
, map_caption = Location of New South Wales in AustraliaCoordinates:
, subdivision_type = Country
, subdivision_name = Australia
, established_title = Before federation
, es ...
and
Victoria
Victoria most commonly refers to:
* Victoria (Australia), a state of the Commonwealth of Australia
* Victoria, British Columbia, provincial capital of British Columbia, Canada
* Victoria (mythology), Roman goddess of Victory
* Victoria, Seychelle ...
, and between
Melbourne
Melbourne ( ; Boonwurrung/Woiwurrung: ''Narrm'' or ''Naarm'') is the capital and most populous city of the Australian state of Victoria, and the second-most populous city in both Australia and Oceania. Its name generally refers to a met ...
and
Adelaide
Adelaide ( ) is the capital city of South Australia, the state's largest city and the fifth-most populous city in Australia. "Adelaide" may refer to either Greater Adelaide (including the Adelaide Hills) or the Adelaide city centre. The dem ...
. In January 2022, Qube will commence operating a contract to transport
BlueScope
BlueScope Steel Limited is an Australian flat product steel producer that was spun-off from BHP Billiton in 2002.
History
BlueScope was formed when BHP Billiton spun-off its steel assets on 15 July 2002 as BHP Steel. It was renamed BlueScope ...
products from its steel works at
Port Kembla
A port is a maritime facility comprising one or more wharves or loading areas, where ships load and discharge cargo and passengers. Although usually situated on a sea coast or estuary, ports can also be found far inland, such as Ha ...
to Melbourne and
Brisbane
Brisbane ( ) is the capital and most populous city of the states and territories of Australia, Australian state of Queensland, and the list of cities in Australia by population, third-most populous city in Australia and Oceania, with a populati ...
. It owns the
Moorebank Intermodal Terminal
The Moorebank Intermodal Terminal is an intermodal terminal under construction in the south-western Sydney suburb of Moorebank.
History
In 2010, the Department of Finance and Deregulation conducted a feasibility study into the development of th ...
in Sydney.
Locomotive fleet
As at October 2019, Qube owned the following locomotives:
[Australia Wide Fleet List '']Motive Power
''Motive Power'' is a bi-monthly railway related magazine that focuses on diesel locomotives in Australia. The first issue was published on 23 August 1998. Its headquarters is in Sydney. The content includes photographs of locomotives & trains, ...
'' issue 126 November 2019 page 71
Strategic Assets
The Strategic Assets business is responsible for the development of expansion projects and investments. These include:
*
Moorebank Intermodal Terminal
The Moorebank Intermodal Terminal is an intermodal terminal under construction in the south-western Sydney suburb of Moorebank.
History
In 2010, the Department of Finance and Deregulation conducted a feasibility study into the development of th ...
*
Minto
Minto may refer to:
Places Antarctica
*Mount Minto (Antarctica)
Australia
*Minto, New South Wales, a suburb of Sydney
** Minto railway station
* Minto County, Western Australia
* Parish of Minto, New South Wales
Canada
* Minto City, British Col ...
Intermodal Terminal (acquired June 2012 and included the assets of
Independent Rail of Australia
Independent Rail of Australia was an accredited railway freight operator in New South Wales, Australia.
History
The company's origins can be traced back to 1990, when the Lachlan Valley Railway successfully tendered to operate wheat trains betwe ...
.
* Quattro Grain Terminal (
Port Kembla
A port is a maritime facility comprising one or more wharves or loading areas, where ships load and discharge cargo and passengers. Although usually situated on a sea coast or estuary, ports can also be found far inland, such as Ha ...
)
* TQ Bulk Liquids Terminal (
Port Kembla
A port is a maritime facility comprising one or more wharves or loading areas, where ships load and discharge cargo and passengers. Although usually situated on a sea coast or estuary, ports can also be found far inland, such as Ha ...
)
* AAT Facilities Management
*
Newcastle Agri Terminal
The Newcastle Agri Terminal (NAT) is an intermodal dry bulk cargo port operator located in Carrington, New South Wales. It is located within the Carrington Precinct of the Port of Newcastle utilising the Dyke 2 berth.
Facilities
The terminal's ...
, acquired September 2021
[
]
References
External links
Official site
{{S&P/ASX 200
Interstate rail in Australia
Logistics companies of Australia
Freight railway companies of Australia
Australian companies established in 2006
Railway companies established in 2006
Companies based in Sydney
Holding companies of Australia
Companies listed on the Australian Securities Exchange