 | |
 V/Line G class Locomotives lead one of Qube Holdings'BlueScope Steel Train towards Long Island in May 2022 | |
| Company type | Public |
|---|---|
| ASX: QUB | |
| Industry | Logistics,rail transport,stevedoring,warehousing |
| Founded | July 2006 |
| Founder | Chris Corrigan |
| Headquarters | , Australia |
Key people | Paul Digney (Managing Director) Allan Davies (Chairman) |
| Revenue | $1.7 billion (2019) |
| $181 million (2019) | |
Number of employees | 6,500 (2020) |
| Website | www |
Qube Holdings is a diversified logistics and infrastructure company in Australia.
In July 2006, following the takeover ofPatrick Corporation byToll Holdings,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 theAustralian Securities Exchange.[1]
In April 2007, a 75% shareholding in P&O Automotive & General Stevedoring and 50% shareholding in P&O Trans Australia were acquired fromDP World.[2]
In June 2010, the KFM Diversified Infrastructure & Logistics Fund was renamed Qube Logistics.[3][4][5] In April 2011, Qube exercised an option to take its ownership in P&O Trans Australia up to 95%.[6][7][8] In 2012, Qube purchasedIndependent Rail of Australia.[9]
In January 2015 Qube acquired ISO limited in New Zealand.
As part of the break up ofAsciano, Qube purchased a 50% stake inPatrick Corporation in August 2016.[10]
In 2019, Qube acquired Chalmers Industries and LCR Group. In September 2021,Newcastle Agri Terminal was acquired.[11][12]
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.[13][14] In November 2023 Qube acquired the remaining 50% in Pinnacle along with Stevenson Logistics in North Fremantle and Agri Rail Terminal in Narrabri.[15]
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.[16]
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 inPatrick Corporation.
Qube Logistics operates road and rail services. Qube operates rail freight services in regionalNew South Wales andVictoria, and betweenMelbourne andAdelaide. In January 2022, Qube commenced operating a contract to transportBlueScope products from its steel works atPort Kembla to Melbourne andBrisbane.[17] It owns theMoorebank Intermodal Terminal in Sydney.[18]
As of October 2019[update], Qube owned the following locomotives:[19]
| Class | Image | Number in class | Built | Notes | |||
|---|---|---|---|---|---|---|---|
| Owned Fleet | |||||||
| 1100 class |  | 8 | 2011-2012 | 4 additional units (1109-1112) ordered but never delivered, sold to White Pass & Yukon Route. | |||
| MZ class |  | 13 | 1972–1974 | ExIndependent Rail of Australia, 4 stored | |||
| 44 class | 9 | 1961–1967 | ExIndependent Rail of Australia and P&O Trans-Australia, 8 stored | ||||
| 442 class | 1 | 1971–1972 | ExIndependent Rail of Australia, stored | ||||
| 80 class |  | 3 | 1980–1983 | ExCoote Industrial | |||
| RL class |  | 3 | 2005-2010 | Ex P&O Trans-Australia | |||
| GML class |  | 1 | 1994 | ExComalco. | |||
| QBX class |  | 6 | 2015 | ||||
| G class |  | 2 | 1984-1989 | ExSCT Logistics #521 + 532. | |||
| 830 class | 2 | 1963-1966 | ExGreentrains #864 + 872 | ||||
| QL class |  | 20 | 2021-2023 | 20 All in Service | |||
| QE class | 12 | 2023 | |||||
| Leased Fleet | |||||||
| CF class |  | 10 | 2012-2025 | CF4404, CF4405, CF4406, CF4407, CF4411, CF4412, CF4420, CF4421, CF4422, CF4423 | |||
| VL class |  | 5 | 2007-2009 | VL351, VL353, VL356, VL357, VL360 | |||
| G class |  | 2 | 1984-1989 | G512, G515 | |||
The Strategic Assets business is responsible for the development of expansion projects and investments. These include:
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