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.
Labels: Freight terminal. Moorebank
posted by parramattas at 08:05
1 Comments:
A point on the compass for a West located Terminal must be developed to ensure growth in jobs continues in the West equally with the South West not stagnates.
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