Linx Cargo Care Group

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

Linx Cargo Care Group
IndustryLogistics
FoundedAugust 2016
Headquarters,
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

History

Linx Cargo Care Group was founded in August 2016 when Asciano was broken up in August 2016.[1] The Patrick Bulk and Automotive Port Services business was purchased by a consortium of British Columbia Investment Management Corporation, Brookfield Asset Management, GIC and the Qatar Investment Authority and renamed the Lynx Cargo Care Group.[2][3][4]

Business Units

Linx Cargo Care Group comprises Linx, Autocare Services, C3, Pedersen Group, and GeelongPort.

Linx

The Linx business provides road transport and rail services – stevedore services and bulk storage and handling solutions,

Autocare Services

Autocare Services operates a national network of finished vehicle logistics and related services across every Australian state and the Northern Territory. Autocare was founded in 1961 – acquired by Patrick in 1996 and is now part of Linx Cargo Care Group following the completion of the Asciano transaction in August 2016.[5] After a period of administration in 2021, Autocare was restructured.[6][7]

GeelongPort

GeelongPort, at the Port of Geelong in Victoria, 75 kilometers southwest of Melbourne, is Victoria's second largest port. Privatized in 1996, GeelongPort is owned by SAS Trustee Corporation (STC) and Linx Cargo Care Group, with 50% ownership by each party.[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

Linx Cargo Care Group, and its subsidiary C3, announced on 24 July 2018 that it was successful in its bid to acquire Pedersen Group, a market leading provider of wood chipping and wood yard management services to pulp and paper mills, and forest owners in Australia and New Zealand.[9][10] Pedersen Group handles over 8.3 million tonnes per annum of wood fibre across its operations, in the form of logs, wood chips , and hog fuel. The company employs people across Australia and New Zealand and has an existing joint venture with C3 Limited, which provides wood yard management services to customers. The purchase agreement was finalised in August 2018.

Enfield Intermodal Terminal

On 20 February 2018, NSW Ports announced that Linx Cargo Care Group had been successful in its bid to takeover the Enfield Intermodal Terminal in Western Sydney from Aurizon.[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.

As of March 2018, Linx was working with NSW Ports and Goodman Group to support the development of a freight hub on the land surrounding the Enfield Intermodal Terminal. On 2 April 2018, Linx commenced operating rail services from Port Botany via the Enfield Intermodal Terminal to Toll Holdings' Carrington terminal after purchasing two G class locomotives and 34 container wagons from Aurizon.[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 Sydney Morning Herald 28 July 2016
  2. Scheme Booklet Registered With ASIC Asciano 21 April 2016
  3. Billion-dollar takeover of Aussie logistics giant complete Lawyers Weekly 2 September 2016
  4. Multi-billion dollar acquisition of Asciano completed 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 GeelongPort
  9. "Australia's Linx Cargo to buy wood processor Pedersen Group from Maui Capital". DealStreetAsia. Retrieved 3 February 2021.
  10. "LINX acquires wood fibre firm Pedersen – Australian Bulk Handling Review". 25 July 2018. Retrieved 3 February 2021.
  11. "New Rail Operator at Enfield Intermodal Logistics Centre". NSW Ports. 20 February 2018.
  12. "Linx Cargo Care to operate Enfield Intermodal Terminal". Bauer Trader Media. 21 February 2018.
  13. "NSW Ports Taps Linx to run Enfield Terminal". Prime Creative Media. 21 February 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
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