Qube ready for continued growth

Qube Holdings, an Australian transport and logistics company chaired by former Patrick Corporation Managing Director Chris Corrigan, has announced plans to become the nation’s leading provider of integrated logistics solutions focussed on import and export supply chains.

The vision and related strategies were contained in the company’s presentation at Citi’s 11th Annual Australian and New Zealand Conference held in London this week.

Qube has invested more than $700 million (including some company acquisitions) between September 2011 and December 2013. A proportion of that investment was directed towards improving employee safety and the efforts have been rewarded by an almost 80 per cent reduction in its lost time frequency rate since 2007.

Qube’s Ports and Bulk division stevedores approximately 700,000 vehicles per annum as well as 25 million tonnes of bulk products such as coal, iron ore and copper ore.

The company also owns 25 per cent of vehicle transport specialist, PrixCar Transport Services, which is the result of a merger between PrixCar Services and Toll Auto Logistics.

The Qube presentation included a case study of the company’s innovative mine-to-ship logistics solution for Sandfire Resources’ copper mine located in Western Australia. Qube invested in 12 prime mover and quad-trailer combinations to move 280,000 tonnes of copper concentrate per year from the mine to either Port Hedland or Geralton.

The company also designed the 1,200 specialised containers that facilitate loading the ore directly onto vessels using Qube’s patented Rotabox technology.

The resulting reduction in handling steps not only produced economic improvements but also significant environmental benefits.
Qube is also a major stakeholder in the development of the large intermodal precinct in Moorebank in Sydney and includes that project it its long term strategy.

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