AZJ

 
–    0.00 0.0%

Aurizon completes sale of Queensland Intermodal business to Linfox

Aurizon has successfully completed the sale of its Queensland Intermodal business to international logistics company Linfox, delivering a seamless transition for customers and regional communities as well as job security for more than 300 Queensland employees.

The sale completed yesterday (31 January).


This Queensland Intermodal business delivers for more than 300 customers across regional Queensland, including everything from supermarket groceries, white goods for retailers, and beer and wine for country hotels and liquor stores.

The sale provides certainty for Aurizon customers and local communities in regional Queensland, ensuring the supply of goods continues with Linfox as the new business owner.

Importantly, it has also secured continued employment for more than 300 people across Queensland, mostly in regional centres. These employees, including train drivers and freight terminal operators, have worked hard to ensure safe, reliable services have continued for customers throughout the transition.

The sale sees Linfox securing leases and access to freight terminals across Queensland including at Rockhampton, Mackay, Townsville, Cairns, Emerald and Longreach.

Linfox has also taken ownership of a fleet of trucks, trailers and rail wagons for intermodal containers, together with heavy lift equipment such as forklifts and gantry cranes. Around 190 Aurizon employees have transferred to Linfox.

As part of the deal, Aurizon’s Bulk business will provide Linfox the rail linehaul services between Brisbane and Cairns under a separate 10-year hook and pull contract. About 120 Aurizon employees have transferred into the Bulk business to help deliver these rail services.