Qube Holdings is a diversified logistics and infrastructure company in Australia. It is owned by Macquarie Asset Management
History In July 2006, following the takeover of Patrick Corporation by Toll 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 the Australian Securities Exchange.KFM Diversified Infrastructure & Logistics Fund Admission to Official List Australian Securities Exchange 3 January 2007
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.
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%.Qube and POTA Catch Point issue 203 May 2011 page 15 In 2012, Qube purchased Independent Rail of Australia.Qube takes over Independent Railways of Australia Catch Point Issue 210 July 2012 page 11Qube to Purchase IRA Railway Digest issue 82 July 2012 page 15
In January 2015 Qube acquired ISO limited in New Zealand.
As part of the break up of Asciano, Qube purchased a 50% stake in Patrick Corporation 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 Transport from Swire 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 from Wallenius Wilhelmsen for $333 million.
In February 2026, Qube's board of directors recommended a takeover offer from Macquarie Asset Management be accepted.Macquarie Asset Management led consortium enters binding agreement to acquire Qube at $A5.20 cash per share Macquarie Group 16 February 2026 The company was delisted from the Australian Securities Exchange on 8 July 2026.Qube Holdings Limited: Suspension from Quotation Australian Securities Exchange 8 July 2026
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 Patrick Corporation.
Logistics Qube Logistics operates road and rail services. Qube operates rail freight services in New South Wales, Victoria and South Australia. In January 2022, Qube commenced operating a contract to transport BlueScope products from its steel works at Port Kembla to Melbourne and Brisbane.SCT confirmed for Bluescope steel east-west contract, Qube wins north-south work Railway Digest June 2020 page6Qube takes over hauling Victorian steel trains The Railway Magazine issue 1452 March 2022 page 95 It owns the Moorebank Intermodal Terminal in Sydney.
Locomotive fleet As at October 2025, Qube owned the following locomotives:ustralia Wide Fleet List Motive Power issue 162 November 2025 page 45 Owned FleetClassImageNumber in classBuiltNumbersNotes1100 class82011-20121101-1108New Build, 4 additional units (1109-1112) ordered but never delivered, sold to White Pass & Yukon Route.14 class121972–19741427-1429, 1431-1433, 1435, 1437, 1440, 1443, 1445, 1446Ex Independent Rail of Australia.44 class41961–19674458, 4477, 4488, 4497Ex Independent Rail of Australia and P&O Trans-Australia, all stored.442 class1 1971–197244202Ex Independent Rail of Australia, stored.80 class31980–19838030, 8037, 8044Ex Coote Industrial.830 class21963-1966864, 872Ex Greentrains #864 + 872.G class21984-1989G521, G532Ex SCT Logistics #521 + 532.GML class11994GML10Ex Comalco, Leased to Watco Australia.QBX class62015QBX001-QBX006New Build.QE class62023QE001-QE006New Build.QL class202021-2023QL001-QL020New Build.RL class32005-2010RL303, RL309, RL310Ex P&O Trans-Australia.Leased fleetCF class102012-2025CF4404, CF4405, CF4406, CF4407, CF4411, CF4412, CF4420, CF4421, CF4422, CF4423Leased from Rail First.G class51984-1989G512, G515, G526, G530, G538G512 and G515 leased from Rail First. G526, G530 and G538 leased from Pacific National.MRL class62013-2014MRL001-MRL006Least from Southern Shorthaul Railroad.VL class42007-2009VL351, VL353, VL356, VL357Leased from Rail First.
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 website