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 ...

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, A ...

, 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 a ...

. 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 bet ...

. 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. ...

, Qube purchased a 50% stake in

in August 2016. In 2019, Qube acquired Chalmers Industries and LCR Group. In September 2021, Newcastle Agri Terminal was acquired/Qube acquires export grain facility Newcastle Agri Terminal
Qube Holdings 8 September 2021Qube 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 C ...

'' 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

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 me ...

and

Adelaide Adelaide ( ) is the list of Australian capital cities, capital city of South Australia, the state's largest city and the list of cities in Australia by population, fifth-most populous city in Australia. "Adelaide" may refer to either Greater A ...

. 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 BlueS ...

products from its steel works at Port Kembla 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 ...

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 locomotive A diesel locomotive is a type of railway locomotive in which the prime mover is a diesel engine. Several types of diesel locomotives have been d ...

'' issue 126 November 2019 page 71

Strategic Assets

The Strategic Assets business is responsible for the development of expansion projects and investments. These include: *

* Minto Intermodal Terminal (acquired June 2012 and included the assets of

. * Quattro Grain Terminal ( Port Kembla) * TQ Bulk Liquids Terminal ( Port Kembla) * AAT Facilities Management * Newcastle Agri Terminal, 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