Qube Logistics modernises sideloader fleet, CFO steps down

The latest sideloaders to join Qube’s fleet represent an ongoing investment by the transport and logistics firm to enhance payload capacity and improve safety.

These sideloaders are reported to offer a low tare weight and versatile crane design along with opti-slide which enables shipping containers to be loaded forwards or aft of the centre position to improve truck and trailer axle group loading.

If the stabilisers have not been stowed correctly on completion of loading/unloading, an alarm system alerts the driver.

In other news, Qube Chief Financial Officer, Paul Lewis, is stepping down from his role after more than 15 years with the business.

“Paul has been a critical part of Qube’s success taking the business from its beginnings as a $200 million infrastructure fund in 2007 to the over six billion
dollar listed entity of today,” said Qube Managing Director, Paul Digney.

“During that time, he has overseen multiple acquisitions, investments, capital raisings and debt funding initiatives that have been a key component of Qube’s growth.

“There is no doubt he has been an exceptional CFO. I regret but fully respect his decision to move on after having made such a valuable contribution to Qube.”

Lewis is expected to depart Qube between April and June which will allow him to present the half year results in February and allow sufficient time for a smooth transition for a newly appointed CFO.

Last year, Strandline Resources announced it was executing a haulage and logistics services agreement with Qube Bulk which involves running triple road trains 24/7.