Freight company Linfox has secured an agreement to purchase Aurizon's Queensland Intermodal business (QIB), guaranteeing service continuity and securing hundreds of jobs.
Almost 200 Aurizon employees will transfer into the Linfox Intermodal business unit, including dozens in Townsville and Mount Isa.
The Federal Court of Australia lifted an interlocutory injunction on the sale of Aurizon’s QIB on November 19, 2018, which allows employees, freight forwarding, pick-up and delivery assets and rail wagons to transfer to Linfox on Thursday January 31, 2019.
Linfox President Intermodal, Ian Strachan said not only will this agreement deliver service continuity to customers, it will provide much needed certainty to the employees and communities.
From Friday February 1, 2019, businesses operating into and out of northern Queensland will have a new and compelling logistics option.
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The integrated road and rail services will provide greater speed and efficiency in delivering goods to market and direct customer relationship will deliver sole accountability for end-to-end service.
“We’re now positioned to realise the full potential of the business and bring greater access, competition and service to customers operating within the region,” said Mr Strachan.
“This is just one way that we’re looking ahead to play a greater role in the success of Queensland, our customers and Australia more broadly. We’ve waited a long time for this and we’re looking forward to showing what Linfox can do with such a strategic asset.”
Linfox CEO, Mark Mazurek said the agreement is only the start of Linfox’s long-term investment in the region.
“We will bring Linfox’s commitment to safety, compliance, exceptional customer service and the delivery of the latest technology to the region. We’re investing in these elements through our people and our equipment and we look forward to unlocking the benefits and delivering these to our customers.”
The agreement will increase the scale and scope of the freight forwarding services offered by Linfox to customers delivering freight to Northern Queensland and it will also increase Linfox’s Queensland-based pick-up, delivery and warehousing capability.
Linfox having access to all necessary freight depots in Queensland to conduct QIB including access to the Acacia Ridge Terminal.
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