Linx Cargo Care Group

Linx Cargo Care Group
IndustryLogistics
FoundedAugust 2016
Headquarters
Sydney
,
Australia
Area served
Australia and New Zealand
Key people
Brett Grehan (Group CEO)
ServicesTransportation, rail, stevedoring, warehousing, port management, forestry, global forwarding
Number of employees
3,300
ParentBritish Columbia Investment Management Corporation
Brookfield Asset Management
GIC
Qatar Investment Authority
SubsidiariesAutocare Services
C3
Linx
Pedersen Group
GeelongPort (50%)
Websitelinxcc.com.au

Linx Cargo Care Group is a transportation and logistics company in Australia and New Zealand – headquartered in Sydney.

History

Lynx Cargo Care Group was founded in August 2016 when Asciano was broken up in August 2016.[1] A group made up of the British Columbia Investment Management Corporation, Brookfield Asset Management, GIC, and the Qatar Investment Authority bought the Patrick Bulk and Automotive Port Services company and rebranded it as the Lynx Cargo Care Group.[2][3][4]

Business Units

Linx, Autocare Services, C3, Pedersen Group, and GeelongPort are all part of Linx Cargo Care Group.

Linx

The Linx company offers solutions for bulk storage and handling, stevedore services, and road and rail transportation.

Autocare Services

Across all Australian states and the Northern Territory, Autocare Services runs a countrywide network of finished vehicle logistics and related services. Autocare was established in 1961, was purchased by Patrick in 1996, and as of August 2016—following the completion of the Asciano transaction—is now a part of Linx Cargo Care Group.[5] Autocare underwent restructuring in 2021 following a period of administration.[6][7]

GeelongPort

Victoria's second-largest port is located at GeelongPort, which is located in the Port of Geelong, 75 kilometers southwest of Melbourne. GeelongPort was privatized in 1996, and today, SAS Trustee Corporation (STC) and Linx Cargo Care Group jointly own 50% of the company.[8]

C3

C3 specializes in forestry and logistics in Australia and New Zealand – handling more than 16 million tonnes of cargo annually. This includes paper products, pulp, steel, wood processed products, and bulk cargo such as fertilizer, general cargo and logs.

Pedersen Group

On 24 July 2018, Linx Cargo Care Group and its subsidiary C3 announced that their proposal to purchase Pedersen Group, a market leader in the provision of wood chipping and wood yard management services to pulp and paper mills, as well as forest owners in Australia and New Zealand, had been successful.[9][10] More than 8.3 million tonnes of wood fiber are handled annually by Pedersen Group's businesses in the form of logs, wood chips, and hog fuel. The business has employees working for it in Australia and New Zealand, and it already has a joint venture with C3 Limited to offer consumers services for managing wood yards. In August 2018, the purchase agreement was completed.

Enfield Intermodal Terminal

On 20 February 2018, NSW Ports revealed that Linx Cargo Care Group's bid to purchase the Enfield Intermodal Terminal from Aurizon in Western Sydney had been successful.[11][12][13] Linx Cargo Care Group leases and operates the NSW Ports-owned intermodal terminal located 18 kilometres from Port Botany. Enfield's location is a strategic staging ground for container imports from Port Botany and exports from regional New South Wales.

In order to assist the construction of a freight hub on the property around the Enfield Intermodal Terminal as of March 2018, Linx was collaborating with NSW Ports and the Goodman Group. After purchasing two G class locomotives and 34 container wagons from Aurizon, Linx started running rail services on 2 April from Port Botany via the Enfield Intermodal Terminal to Toll Holdings' Carrington terminal..[14] These are assisted by hired in Rail First Asset Management traction as required.

In February 2022, Linx were potentially to start operating a service from Bairnsdale to Melbourne via the Gippsland railway line service for Fenning Timbers, with rumours that their two G class would be transferred from Sydney.[15]

References

  1. ^ "Asciano $9b buyout clears final hurdle with court approval". The Sydney Morning Herald. 28 July 2016. Retrieved 9 December 2023.
  2. ^ Scheme Booklet Registered With ASIC Asciano 21 April 2016
  3. ^ Billion-dollar takeover of Aussie logistics giant complete Archived 13 March 2018 at the Wayback Machine Lawyers Weekly 2 September 2016
  4. ^ Multi-billion dollar acquisition of Asciano completed Archived 13 March 2018 at the Wayback Machine Gilbert + Tobin 19 August 2016
  5. ^ Our Story Autocare
  6. ^ Autocare Services placed into voluntary administration Autocare Services 4 February 2021
  7. ^ Autocare Services Exits Voluntary Administration Autocare Services 2 July 2021
  8. ^ About Archived 14 March 2018 at the Wayback Machine GeelongPort
  9. ^ "Australia's Linx Cargo to buy wood processor Pedersen Group from Maui Capital". DealStreetAsia. Archived from the original on 27 April 2023. Retrieved 3 February 2021.
  10. ^ "LINX acquires wood fibre firm Pedersen – Australian Bulk Handling Review". 25 July 2018. Archived from the original on 26 April 2023. Retrieved 3 February 2021.
  11. ^ "New Rail Operator at Enfield Intermodal Logistics Centre". NSW Ports. 20 February 2018. Archived from the original on 13 March 2018. Retrieved 14 March 2018.
  12. ^ "Linx Cargo Care to operate Enfield Intermodal Terminal". Bauer Trader Media. 21 February 2018. Archived from the original on 14 March 2018. Retrieved 14 March 2018.
  13. ^ "NSW Ports Taps Linx to run Enfield Terminal". Prime Creative Media. 21 February 2018. Archived from the original on 8 April 2019. Retrieved 14 March 2018.
  14. ^ LINX Rail, new operator, takes over Port Botany - Enfield - Carrington service Railway Digest May 2018 page 6
  15. ^ New Bairnsdale freight service to start, but track closures threaten viability Railway Digest January 2022 page 25