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Myriam Robin

Fox takes cash-strapped, cash-trucking empire to the brink

No one minds when it’s the big banks over a barrel. It’s deliciously novel. But who believes that’s where this dispute will stay?

Lindsay Fox and his operatives have been around long enough to know the power of threatening to go on strike.

Cash-moving business Armaguard – controlled by Linfox, Fox’s family business says the precipitous decline of cash has left it without enough work to keep the trucks on the road. To remain operational, it wants its customers – that is, the major banks and retailers – to pay more for its services.

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Myriam Robin is a senior writer based in the Melbourne newsroom. She has previously been a Rear Window columnist and editor, and before that reported on financial markets and media. Connect with Myriam on Twitter. Email Myriam at myriam.robin@afr.com

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    Original URL: https://www.afr.com/rear-window/fox-takes-cash-strapped-cash-trucking-empire-to-the-brink-20240404-p5fhfw