Thursday, 15 March 2012

Moorebank. Qube buys stake in terminal

Qube Logistics will control a joint venture proposing to develop a $1 billion freight terminal, at Moorebank, after striking a deal with Stockland to acquire its 55 per cent stake in the Sydney Intermodal Terminal Alliance, with QR National. Qube paid $123 million for the stake. Qube CEO, Maurice James, said in The Australian Financial Review he expected to be railing goods to Port Botany by early 2014.


Moorebanl. Meeting on freight to Port Botany

Federal and state bureaucrats and the private sector will hold a meeting in Sydney today to fast-track construction of a port shuttle, or train, to take cargo to and from Port Botany on a 31-kilometre Southern Sydney Freight Line under construction. The cargo will arrive or depart from a proposed intermodal terminal at Moorebank, adjacent to a terminal proposed by the Sydney Intermodal Freight Terminal Alliance. The local community oppose both proposals.


Bankstown. EOI in car dealership

Expressions of interest are being sought by the McGrathNicol, receivers and managers, of Stanway Pty Ltd for the purchase of the Dale Ford motor vehicle dealership, which operates out of three locations at Bankstown.and Greenacre.