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 Port of Brisbane, Brisbane, Fremantle Harbour, Fremantle, Port of Melbourne, Melbourne and Port Botany (seaport), Sydney. Formerly listed on the Australian Securities Exch ...

by Toll Holdings,

Chris Corrigan Chris Corrigan is an Australian businessman. He was the managing director of the Patrick Corporation until it was taken over in 2006. Born in country New South Wales, he was educated at Bowral High School, the Australian National University an ...

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 (ASX) is an Australian public company that operates Australia's primary Exchange (organized market), securities exchange, the Australian Securities Exchange (sometimes referred to outside of Australia as, or c ...

. 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 a 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 Authority and ...

. 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. 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 Italy, 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. In May 2023, Qube acquired Kalari Proprietary Limited from Swire Investments (Australia) Ltd and a 50% stake in Pinnacle, a New Zealand owned and operated group of companies. In November 2023 Qube acquired the remaining 50% in Pinnacle along with Stevenson Logistics in North Fremantle and Agri Rail Terminal in Narrabri. In May 2024 Qube entered into an agreement to acquire Melbourne International RoRo & Automotive Terminal (MIRRAT) from Wallenius Wilhelmsen for approximately A$332.5 million.

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 New South Wales (commonly abbreviated as NSW) is a States and territories of Australia, state on the Eastern states of Australia, east coast of :Australia. It borders Queensland to the north, Victoria (state), Victoria to the south, and South ...

and Victoria, and between

Melbourne Melbourne ( , ; Boonwurrung language, Boonwurrung/ or ) is the List of Australian capital cities, capital and List of cities in Australia by population, most populous city of the States and territories of Australia, Australian state of Victori ...

and

Adelaide Adelaide ( , ; ) is the list of Australian capital cities, capital and most populous city of South Australia, as well as the list of cities in Australia by population, fifth-most populous city in Australia. The name "Adelaide" may refer to ei ...

. In January 2022, Qube commenced 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 List of Australian capital cities, capital and largest city of the States and territories of Australia, state of Queensland and the list of cities in Australia by population, third-most populous city in Australia, with a ...

. It owns the Moorebank Intermodal Terminal in Sydney.

Locomotive fleet

, Qube owned the following locomotives:

Strategic Assets

The Strategic Assets business is responsible for the development of expansion projects and investments. These include: * Moorebank Intermodal Terminal * Minto Intermodal Terminal (acquired June 2012 and included the assets of Independent Rail of Australia. * 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