Macquarie consortium completes Qube acquisition
“AN EXCITING new chapter” is how the acquisition of logistics giant Qube by a Macquarie Asset Management (MAM) consortium has been described by a senior executive. MAM, together...
CBH unveils grain train as WA government moves on freight network
THE COOK government has used the launch of CBH’s new rail fleet to reaffirm its plan to bring Western Australia’s freight rail network back under government control. Speaking at...
DP World outflanks Middle East turmoil
DUBAI-based DP World has leveraged its global network to report year-on-year first half revenue growth of 13.1% despite the major disruption to its Middle East activities. Revenue...
Maersk latest to raise guidance after strong Q2
AP MOLLER-Maersk has updated its full-year 2026 financial guidance on the back of second-quarter performance and what it says is improved visibility for the remainder of the year....
ACFS staff praised as key court date looms
ACFS Port Logistics chief executive Arthur Tzaneros has praised the efforts of staff in minimising disruption following the company entering administration last week. In a letter...
Concerns raised over West Swanson landside delays
CONCERNS have been raised over reported landside delays at DP World West Swanson Terminal (WST) in Melbourne. The Container Transport Alliance Australia (CTAA) has referred to a...
Cool for kiwis, says ACFS
ACFS Port Logistics New Zealand continues to operate as per normal and is not subject to administration, management in Australia say. As has been widely reported, the company’s...
ACFS insolvency issues create confusion and supply chain risk
PARTIES in the commercial world have been exposed to insolvency, which has increased and unsurprisingly spread to the international supply chain. As a consequence, they likely...
Industry concerns as ships reroute away from ACFS
POTENTIAL redirection of empty container movements has already begun following ACFS Port Logistics (Australia) being placed in administration last week, industry figures say....
ACFS receivers expected to seek a sale
RECEIVERS of troubled operator ACFS Port Logistics are expected to attempt a sale after the business was forced into administration this week. Andrew Sallway and Duncan Clubb of...
Patrick Terminals to launch OptiBook at Fremantle
PATRICK Terminals and OneStop are to roll out the OptiBook container‑management platform at Patrick Terminals – Fremantle on Saturday, 5 September, introducing new digital tools...
External administrator appointed for ACFS Port Logistics
ACFS Port Logistics has been placed in external administration. The development follows a number of applications to wind up the business including by the Australian Taxation...
ACFS “trading profitably” despite court notices
ACFS Port Logistics managing director and chief executive Arthur Tzaneros says he is confident for the future of his company, despite a number of applications for wind-up notices...
FedEx announces China – Sydney service
GLOBAL freight giant FedEx Express has announced the introduction of a non-stop service between its Asia-Pacific hub in Guangzhou, China, and Sydney, seeking to strengthen market...
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Melissa Horne retains freight portfolio in new Victoria cabinet
MELISSA Horne has emerged a winner in Victorian Premier Ben Carroll’s first cabinet, earning new portfolios to go with her existing position as Minister for Ports and Freight. Ms...
