Image: XL Express
Well-known Australian independent logistics operator XL Express is in voluntary administration.
On June 27, FTI Consulting was appointed as the voluntary administrators of the XL Express Group to begin an “urgent assessment” of the viability of the company that has more than 35 years of experience in the industry.
The Queensland-based business first started operating in 1990 and forged a national road transport logistics network. It was announced as the co-major partner for the Brisbane Lions AFL side for the 2020 and 2021 seasons.
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The administration notice says XL Express Operations is impacted alongside 15 other associated entities under the XL Express banner.
This includes:
- XL Express (Operations) Pty Ltd
- XL Express (Distribution) Pty Ltd
- XL Express Pty Ltd
- Express Regional Distribution Pty Ltd
- XL Express (Services) Pty Ltd
- XL Express (Holdings) Pty Ltd
- C.N. 059 888 023 Pty Ltd (Formerly XL Express (Management) Pty Ltd)
- XL Express (Staffing) Pty Ltd
- XL Express (Personnel) Pty Ltd
- XL Express (Corporate) Pty Ltd
- XL Express (Linehaul) Pty Ltd
- Australian Linehaul Express Pty Ltd
- XL Express (WMH) Pty Ltd
- XL…