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New joint venture strengthens logistics capability

Thursday, 16 Apr 2015 ( #714 ) - Sydney, New South Wales, Australia
Local News Story
The joint venture between ACFS and Patrick will combine the metropolitan port logistics operations of both businesses across Australia.
Freight logistics provider ACFS Port Logistics and the logistics arm of Asciano, Patrick Port Logistics, have formed a 50:50 joint venture to combine the metropolitan port logistics operations of both businesses across Australia, including transport, warehousing, container depots and empty container parks.

Alistair Field, director of Patrick Terminals and Logistics, says the joint venture will improve the competitive position of Patrick’s metropolitan logistics business, bringing operational efficiency, while establishing a platform for future growth.

"Patrick and ACFS have complementary operational footprints. The joint venture will combine the market leading and competitive strengths of Patrick in Melbourne and those of ACFS in Sydney, creating a truly national logistics service for existing customers of both companies," says Field.

Patrick is currently a national provider of landside logistics, with significant strength in the Port of Melbourne. In addition, Patrick provides the new entity with a network of empty container parks in all eastern states, which will further complement the soon to be developed empty park facility in Fremantle. These additional services will enable the new joint venture to provide shipping lines with an alternative national provider.

Arthur Tzaneros, ACFS managing director, says the joint venture will significantly improve ACFS’s footprint of strategic site locations, which will now cover all major container ports around Australia. "The national fleet will be significantly increased; with the addition of a national network of empty container parks, we can now offer our clients an integrated end to end supply chain solution."

The new entity will be headquartered in Sydney, with senior management of each respective business combining to create a new team. Tzaneros has been appointed as the new CEO of the joint entity, the name of which has not yet been announced.
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