Qube

What Qube does

Qube Holdings Limited (ASX:QUB) is Australia's largest integrated import and export logistics provider, operating across 200+ locations in Australia, New Zealand, and South East Asia (Singapore, Malaysia, Indonesia, PNG). Following its 2006 founding and 2011 ASX listing, Qube has built a multi-modal platform spanning ports and bulk handling, road and rail transport (900+ prime movers and 150+ weekly rail services), warehousing, container parks, freight forwarding, and energy/mining/forestry/agriculture specialty logistics. The group is organised into Ports & Bulk, Logistics & Infrastructure, and a 50% interest in Patrick Terminals (Brisbane, Sydney, Melbourne, Fremantle) jointly held with Brookfield.

Qube's service portfolio covers 13+ customer-facing brands including Qube Automotive (750,000+ units/year across 7 ports), Qube Agri (30+ export markets), Qube Energy (offshore supply bases), Qube Heavy Lift (crane hire up to 1,200t), Qube Rail, Qube Forestry (25 sites), Qube Global (80+ countries), and Qube Renewables. Underlying technology includes the IQ International Tracking portal for door-to-door visibility, IVMS fleet management, the AQIS Biosecurity Management System, the LMS forestry marshalling software, and the PCC Dojo — an industry-first full-immersion drive simulator for Pure Car Carrier and RoRo training. Subsidiaries such as Australian Amalgamated Terminals (AAT), Quattro, and the newly acquired AAT Webb Dock West (formerly MIRRAT) extend the network.

Qube earns revenue through transaction fees (port and terminal handling, haulage), subscription/recurring storage rental, managed-services infrastructure fees (intermodal and grain terminals), and integrated supply chain contracts. Customer mix spans government and defence (Australian Defence Force, US Navy, Republic of Singapore Navy), automotive OEMs, mining and resources, agricultural exporters, and energy operators, with custom multi-year contract pricing. In February 2026, the Board agreed to a A$11.7 billion take-private by a Macquarie Asset Management-led consortium with Pontegadea and UniSuper, pending FIRB and NZ OIO approvals.

Name

Qube

Legal name

Qube Holdings Ltd

Website

https://qube.com.au

Company type

Public

Founded year

2006

Operating status

Operating

Headcount range

251–500 employees

Short description

Qube Holdings (ASX:QUB) is Australia's largest integrated logistics provider, operating 200+ locations across Australia, New Zealand and South East Asia with multi-modal capabilities spanning ports, rail, road, warehousing, bulk handling and freight forwarding for government, automotive, mining, agriculture and energy customers.

Ownership category

akta.pro rank

Product category

Integrated Logistics Services

NAICS

Marine Cargo Handling (48832), Port and Harbor Operations (488310)

SIC

Arrangement Of Transportation Of Freight & Cargo (4731), Trucking & Courier Services (No Air) (4210), Trucking (No Local) (4213)

akta.pro primary industry

Bulk Terminal Services & Operations (Stevedoring, Sampling, Weighing, Blending) (TLAHABAO)

akta.pro secondary industries

Breakbulk & Project Cargo Handling (Heavy Lift, Out-of-Gauge Handling) (TLAHALAH), Aerospace & Defense (TLAIALAB), Intermodal Drayage Coordination & Port/Rail Ramp Transfers (TLACAEAH), Defense & Aerospace Project Cargo (Military/Aircraft Components) (TLADAGAJ)

Keywords

• Integrated logistics services
• Port and terminal operations
• Bulk cargo handling
• Container stevedoring services
• Supply chain management

Headquarters

HQ city

Sydney

HQ country

Australia

HQ region

Oceania

Offices12 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Infrastructure, Operations, Supply Chain, Technology or R&D, Marketing or Sales

Revenue model

1. Port and Terminal Handling Services: Stevedoring, cargo handling, and terminal operations across ports in Australia, New Zealand, and South East Asia. Revenue generated through handling fees based on cargo volume and type.
2. Transport and Haulage Services: Road and rail transport services including 150+ rail services per week, 900+ prime movers fleet, and specialized bulk haulage. Revenue from haulage charges based on distance and cargo volume.
3. Warehousing and Storage: Storage services across extensive warehouse footprint in major ports. Revenue from storage rental income and container parks.
4. Logistics Property and Infrastructure: Property assets including intermodal terminals, grain terminals, and infrastructure operations generating rental and access fees.
5. Integrated Supply Chain Solutions: End-to-end logistics services combining multiple revenue streams including handling, transport, storage, and freight forwarding for diversified customer segments.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

Qube is Australia's largest integrated import and export logistics provider, operating across ports, rail, bulk, logistics, and infrastructure divisions with over 200 locations in Australia, New Zealand and South East Asia. The company delivers end-to-end supply chain services including stevedoring, automotive handling (over 750,000 units/year across 7 ports), bulk cargo handling, road and rail transport (approximately 150 rail services/week and 900+ prime movers), warehousing, container parks, freight forwarding, and offshore supply bases for oil and gas customers. It also holds 50% of Patrick Terminals, Australia's leading container terminal operator with 24 cranes and 130 straddles at four major ports.

Product overview

Qube is Australia’s largest provider of integrated import and export logistics services, operating as a multi-divisional logistics company rather than a single unified product. The company is comprised of two core divisions: the Operating Division (split into Qube Logistics and Infrastructure, and Qube Ports and Bulk) and a 50% interest in Patrick Terminals. Key products and services include: Qube Ports and Bulk handling stevedoring, automotive (handling over 750,000 units/year), and bulk cargo across 40+ ports; Qube Logistics offering end-to-end transport, warehousing, container services (Qube Containers for sales/hire/modifications), and freight forwarding (Qube Global, Qube Procurement); Qube Agri for agricultural commodity logistics; Qube Rail operating 150+ weekly services; Qube Heavy Lift for crane hire (up to 1200t) and project logistics; Qube Energy for offshore supply bases; Qube Renewables for wind/solar project logistics; and Qube Forestry for timber supply chain services. The company also operates Qube Infrastructure assets including terminals and intermodal facilities, and wholly-owned subsidiaries including Australian Amalgamated Terminals (AAT) and the MIRRAT (now AAT Webb Dock West) automotive terminal acquired in 2025.

Differentiator

Problem solved

Functional benefit

Brands

• Qube Containers: Experts in all aspects of container solutions, including container sales, hire and lease, container modifications and bespoke container solutions.
• Qube Agri
• Qube Ports AQIS Services
• Qube Renewables
• Qube Global
• Qube Heavy Lift
• Qube Energy
• Qube Forestry
• Patrick
• Australian Amalgamated Terminals (AAT)
• AAT Webb Dock West
• Qube Ports New Zealand
• Qube Logistics New Zealand
• Qube Rail
• Quattro
• Stevenson Logistics

Products and services

• Qube Agri Regional agricultural export logistics providing bulk storage, container packing, grading, bagging, seed and fertiliser management, and road/rail transport for grain, oilseed, pulse and cottonseed exporters with access to 30+ international markets.
• Qube Automotive Automotive stevedoring services including Pure Car Carrier (PCC) and Roll-on Roll-off (RoRo) operations across 7 Australian ports, handling over 750,000 units per year with damage prevention focus.
• Qube Bulk Cargo Integrated bulk cargo service solutions incorporating stevedoring, transport and storage of bulk products for importing and exporting of small and large parcels.
• Qube Containers Container sales, hire, lease and modification services providing shipping containers from 6ft to 48ft, plus bespoke container solutions for workshops, site offices and amenities.
• Qube Government Services Logistics support to Commonwealth and State Government including port services, transport, supply base functions, ship husbandry, and defence force support services to the Australian Defence Force, US Navy, and Republic of Singapore Navy.
• Qube Energy Offshore supply base services in Darwin, Dampier, Melbourne and Bell Bay for oil and gas industry including stevedoring, equipment supply, labour hire, inventory control and vessel agency functions.
• Qube Heavy Lift Integrated crane and specialized transport solutions for Australian and PNG markets, including crane hire (15t to 1200t capacity), heavy transport, and major project work.
• Qube Ports Port solutions and logistics services with bulk and general handling facilities in over 40 Australian, New Zealand and South East Asian ports.
• Qube Bulk Complete mine-to-market and mine resupply solutions offering road and rail transport, stockpile management, and bulk ship loading services for mining and resources customers.
• Qube Logistics End-to-end logistics services covering road and rail transport, warehousing and distribution, container parks, and international freight forwarding across more than 200 locations.
• Qube Renewables End-to-end logistics for wind and solar technologies providing heavy haulage, crane hire, site services, and installation solutions for renewable energy projects.
• Qube AQIS Services Accredited Australian Quarantine and Inspection Service (AQIS) facilities providing inspections, fumigation, wash services, and biosecurity compliance management for imported cargo.
• Qube Rail Rail services operating an average of 150 rail services per week in metropolitan and regional areas, including intermodal, bulk, and work train operations across Australia.
• Qube Stevedoring Specialized port services including stevedoring, vessel agency, freight forwarding, customs clearance, break bulk, warehousing, and transport services across Australian and New Zealand ports.
• Qube Global Import and export solution provider combining global forwarding operations, customs clearance, and Qube logistics land-side freight for end-to-end logistics services across 80+ countries and 300+ cities.
• Qube Forestry Forestry supply chain services including infield and static chipping, log haulage, marshalling, scaling, and vessel loading across Australian export and domestic markets, managed across 25 sites.
• Qube Procurement Offshore purchasing and logistics services providing access to vertically integrated supply chain systems with teams in Australia and throughout Asia.
• Patrick Terminals Container terminal operator (Qube's 50/50 joint venture with Brookfield) operating over four kilometres of quay line with 24 cranes and 130 straddles at Brisbane, Sydney, Melbourne, and Fremantle.
• Australian Amalgamated Terminals (AAT) Multi-user, open-access port facility provider supporting the general stevedoring industry with terminals in major east coast capital cities handling breakbulk, automotive, steel, and general cargo, including AAT Webb Dock West (formerly MIRRAT) in Melbourne.
• Qube Infrastructure Portfolio of property assets including automotive terminals, grain terminals, intermodal terminals, and regional rail terminals operated as logistics infrastructure generating rental and access fees.

Quantifiable outcome

• Handles over 750,000 automotive units per year across 7 ports
• +3 more outcomes

Named customers8 records

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Three partnerships are on record, tiered minor and core.

• JXTG (Japan Refiner)minorStrategic or Co-development PartnerTQ is a joint venture between Qube and JXTG for development of a bulk liquids facility at Port Kembla capable of distributing more than 1 billion litres of product annually.
• Patrick TerminalscoreStrategic or Co-development PartnerQube holds 50% interest in Patrick Terminals, Australia's leading container terminal operator operating over 4 km of quay line with 24 cranes and 130 straddles at Brisbane, Sydney, Melbourne, and Fremantle.
• PSA International (Singapore)minorStrategic or Co-development PartnerQube International Port Operations at PSA Terminal in Singapore provides maritime logistics services in partnership with PSA International, a leading global port operator.

Scale indicators13 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Pacific National: Australia's largest private rail freight operator (owned by Brookfield/CMA CGM), running intermodal, bulk, and coal haulage services. Direct competitor to Qube Rail in intermodal and bulk rail, and partner-adjacent via Brookfield's co-ownership of Patrick Terminals.
• Viterra: Global grain and oilseed handling and logistics business operating storage, terminals, and port facilities in Australia and internationally. Direct peer to Qube Agri (NAT, Quattro, Narrabri) in regional grain receival, storage, and ship-loading.
• Aurizon Holdings: Australia's largest rail freight operator (ASX:AZJ), providing bulk haulage, intermodal, and coal haulage services across Queensland and Australia. Direct comparable to Qube Rail and Qube Bulk, operating in overlapping bulk commodity, intermodal, and freight corridors.
• GrainCorp: Australia's leading agribusiness with grain storage, handling, and export infrastructure across the eastern seaboard. Overlaps with Qube's grain terminals (NAT, Quattro, Narrabri) for storage, receival, and export logistics.
• Toll Holdings: Major Australian and Asia-Pacific logistics provider offering road, rail, sea, and air freight, warehousing, and supply chain solutions. Overlaps with Qube Logistics across freight forwarding, contract logistics, and domestic transport in Australia and SE Asia.
• Wallenius Wilhelmsen: Global leader in finished vehicle logistics and ocean transportation, and the seller of MIRRAT (now AAT Webb Dock West) to Qube in 2025. Direct peer and counterparty in automotive terminal operations across Australia and globally.

Broad incumbents

• Brambles Limited: Global logistics solutions company operating CHEP pallets and container pooling, with significant Australian footprint. Comparable as a large-scale, Australian-listed logistics specialist with shared customer segments in retail, automotive, and industrial supply chains.
• DP World: One of the world's largest marine terminal operators and a global supply-chain provider; the original seller of P&O Ports to Qube's founders in 2007. Comparable as a global port operator with overlapping stevedoring and container terminal footprint, particularly relevant given Qube's port operations and Patrick JV.

Peers

• International Container Terminal Services Inc (ICTSI):

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Instagraminstagram.com/qubeholdings
• Xx.com/qubeholdings

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Subsidiaries12 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A3 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Qube