Qube in Melbourne intermodal alliance with Salta

Melbourne port’s logistics profile will undergo a significant change when Qube Logistics subsidiary POTA takes over Victoria Dock from Salta’s Group’s Westgate Ports operation. Qube and Westgate have signed sales and alliance agreements worth $41 million excluding stamp duty and transaction cost, $7 million of which will be in Qube shares, with the deal expected to close this month.
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