Qube Logistics reaches agreement to acquire Austrans
Apr 07, 2017: Qube Logistics has acquired Austrans a national rail freight forwarder with facilities in Melbourne, Perth and Brisbane.
John Digney, Director, Qube Logistics, said, “The acquisition is significant as it provides Qube Logistics the ability to deliver additional services to its customer base. Austrans is a market leader in the national rail freight forwarding market; it has built a substantial business by focusing on an excellent customer service culture combined with delivering efficient services for its customers.”
Peter O’Shea, owner and director of Austrans, will remain in the business to assist with the transition. “I am very excited for the staff and customers of Austrans. Qube Logistics offers a great opportunity for all parties to be part of a growing national logistics business,” O’Shea said.
Peter Vertkas, CEO of Austrans will continue in his role of leading the business and will be a valued addition to the Qube Logistics management team. “I am delighted with the opportunity to continue to lead the business within a major national logistics provider which will provide greater opportunity for our management and staff and a greater offering to our valued customers,” Vertkas said.
There are no immediate changes forecast for the business. The initial focus of the combined business will be to work with the management team to ensure the same high level of service continues and the new opportunities identified are delivered upon.