NewsBite

Qube Holdings Limited

ASX Announcements

Change in substantial holding

Change in substantial holding

Change in substantial holding from CGF

Change in substantial holding

Securities Dealing Policy Revision

Trading Policy

Qube Holdings Appoints New Director to the Board

Director Appointment/Resignation

Market Sensitive

Half Year Investor Presentation

Half Yearly Report, Company Presentation

View all QUB announcements

This Month

Janus Electric chief executive Ian Campbell.

David Paradice, Ashok Jacob back electric truck hopeful’s ASX run

Janus Electric, run by former Citi banker Ian Campbell, is raising $10 million and heading for the local sharemarket through a backdoor listing.

September 2024

Qube employees in Melbourne temporarily refused to handle goods carried on the Turandot as part of strike action.

Qube sues own employees for damages for blocking ship services

A wage dispute between logistics group Qube and wharfies in Melbourne has escalated after the company sued more than 20 union members.

August 2024

Qube’s Patrick stevedoring business handles containers from around the world

Qube’s Moorebank stake on the block

The logistics group said it could sell its stake in its new Moorebank interstate rail terminal after strikes at stevedore DP World helped boost annual net profit.

May 2024

Prime Minister Anthony Albanese pushed through the government funding for a logistics hub in southwestern Sydney.

There’s value in big government spending done right

The private-public partnership championed by Anthony Albanese that is transforming the supply chains is a role model for underwriting critical minerals expansion.

April 2024

Containers piled up at DP World’s ports during strikes by wharfies in late 2023 and early 2024

DP World profit tumbles 34pc after wharfie strikes

The stevedores giant’s annual profits have slid following the dispute over new wage agreements and after container volumes fell, the company’s accounts show.

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January 2024

Environment Minister Tanya Plibersek has received support from Liberal senator Jonno Duniam in blocking approval for an offshore wind terminal in Victoria due to environment protection concerns.

‘We wouldn’t do it for a coal mine’: Libs back Plibersek in wind fight

The federal opposition has sided with Environment Minister Tanya Plibersek against Victorian Premier Jacinta Allan in a fight over offshore wind energy.

December 2023

Qube sacked Martinus Rail as the builder of a rail freight hub at the Moorebank logistics park.

Qube wins bitter court fight to claim $7m from Martinus Rail

The rail builder’s attempts to block the logistics group from getting access to $7 million in funds held as part of a security deposit have been dismissed.

Stevedores like DP World and Patrick have emerged from the COVID-19 pandemic in good shape with the industry posting record profits.

ACCC says it’s too soon to regulate port fees

The competition watchdog has shied away from regulating so-called “access” fees charged by port stevedores despite industry profits surging to record highs.

November 2023

Containers were piling up at DP World’s terminal in Sydney’s Port Botany on Sunday because trucks could not get ino the terminal to collect them.

DP World hack strands 30,000 shipping containers

Tens of thousands of shipping containers stuffed with consumer goods were trapped at ports around the country after a cyberattack on stevedore DP World Australia.

Importers and exporters have to pay hefty fees every time they bring a container in and out of Australia’s ports.

DP World’s 52pc fee rise at Port of Melbourne labelled ‘exorbitant’

Former competition watchdog chairman Graeme Samuel says the federal government needs to control prices charged by stevedores at the nation’s container ports.

October 2023

The Qube bans come as the MUA has been plotting out a detailed bargaining strategy against the logistics company.

Wharfies union withdraws Qube bans after ‘secondary boycott’ claims

The logistics group had accused the wharfies union of targeting it with an illegal secondary boycott under the pretence of protected action against DP World.

September 2023

A contract signed a year ago by Qube commercial manager Simon Barney (left) and Martinus CEO Treaven Martinus has been scrapped

Qube tears up freight hub contract with Martinus Rail

Construction has stopped on an interstate rail hub in southwest Sydney after logistics group Qube scrapped a $140 million construction deal.

August 2023

Qube boss Paul Digney.

Qube sees ‘modest’ growth ahead as container imports decline

The logistics group delivered healthy profits but has warned growth will not be as strong in 2024.

Qube has since extended a lockout of workers until the weekend.

Union fails in unprecedented bid to end industrial action at Qube

The rail workers’ union has failed to end two weeks of strikes and lockouts at Qube, but not before the umpire voiced its “extreme disappointment” at the logistics giant.

July 2023

Rail union moves to end Qube lockout over ‘safety risk’

The rail workers’ union has taken the unprecedented step to terminate industrial action at Qube on grounds it threatens the safety of workers and commuters.

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June 2023

Infinity Asset Management’s Piers Bolger.

Why this fundie is betting on more M&A action by Sonic Healthcare

Infinity’s Piers Bolger explains why he’s staying away from consumer stocks such as Baby Bunting and City Chic.

May 2023

One of the Mining and Energy Union’s campaign ads for Labor’s same job, same pay laws.

Unions launch ‘same job, same pay’ ad blitz as bosses decry power grab

The mining union will campaign for new labour hire laws across TV, print and social media. But miners say the laws are about ‘same union power’.

Michele O’Neil said the big business was using loopholes to not pay proper wages.

ACTU names companies in firing line over ‘same job, same pay’ laws

The ACTU wants the government’s same job, same pay laws to target corporate giants in construction, stevedore, mining and airline industries for ‘suppressing wages’.

February 2023

Qube owns 50 per cent of Patrick container ports.

Qube net profits double on demand for grain, steel and cars

Qube’s shares soared to their highest level in more than a year after the logistics group surprised investors with a doubling in interim net profit to $111 million.

Victoria International Container Terminal  has told the Port of Melbourne it is prepared to invest $500 million over the next decade expanding its existing terminal to the north.

Port operator’s $500m bid to bring globe’s biggest ships to Melbourne

An unsolicited bid to expand automated container handling operations claims it will build a new terminal at “lowest cost”.

Original URL: https://www.afr.com/company/qub-19h