Former Brisbane Lions Sponsor Goes Bust, Leaving 200 Workers in Limbo

Former Brisbane Lions sponsor goes bust, leaving 200 workers in limbo

A logistics company that just four years ago was the Lions’ major sponsor has gone into voluntary administration, placing about 200 jobs across the country at risk.

Operator enters voluntary administration - PowerTorque

Image: XL ExpressOne of Australia’s largest independent transport operators, XL Express, has entered voluntary administration after 35 years in business. The Queensland-based company, which launched in 1990 and built a national road transport logistics network, has appointed FTI Consulting as voluntary administrators to carry out what it describes as an “urgent assessment” of the company’s viability. SUBSCRIBE […] Operator enters voluntary admin…

Major logistics operator calls in voluntary administrators

Image: XL ExpressOne of Australia’s largest independent logistics operators, XL Express, has entered voluntary administration after 35 years in business. The Queensland-based company, which launched in 1990 and built a national road transport logistics network, has appointed FTI Consulting as voluntary administrators to carry out what it describes as an “urgent assessment” of the company’s viability. The administration affects XL Express Operati…

Brisbane-based XL Express calls in voluntary administrators

XL Express has brought in voluntary administrators after 35 years in business. Image: XL Express XL Express, which operates a large independent logistics network around Australia, has brought in voluntary administrators after 35 years in business. XL Express appointed FTI Consulting to conduct an “urgent assessment” of the company’s viability, which also includes 15 other entities under the company’s brand - see full schedule at bottom of story.…