Australian Trucking Firm Liquidated After 35 Years, Owes Nearly $42 Million

Date:

Australian Trucking Firm Liquidated After 35 Years, Owes Nearly $42 Million

The front entrance and signage of the now liquidated XL Express after 35 years, taken at its head office in Acacia Ridge in Brisbane, Australia on Aug. 8, 2025. Daniel Y. Teng/The Epoch Times

National freight firm XL Express had gone into liquidation as of Aug. 1 with the company owing nearly $42 million to creditors.

The 34-year-old Brisbane-based firm ceased operations after months of financial trouble.

spot_imgspot_imgspot_img

Share post:

More like this
Related

Cuban Leader Diaz-Canel Says Regime Held Talks With US to Find Solutions

On March 9, Trump suggested the regime in Havana...

Conservatives Nominate Candidate in Scarborough Byelection

CanadaA sign directs voters to a polling station to...

US Increasingly Striking From Inside Irans Airspace as It Gains Air Dominance: Hegseth

ARLINGTON, Va.—Secretary of War Pete Hegseth announced on March...

Canada Lost 84,000 Jobs in February, Unemployment Rate Rose to 6.7 Percent

CanadaPeople attend a job and continuing education fair in...