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

In June, the company’s 200 staff members were stood down as part of the liquidation process.
Australian Trucking Firm Liquidated After 35 Years, Owes Nearly $42 Million
Trucks ready to haul grain are seen parked in rural Western Australia on March 24, 2024. Susan Mortimer/The Epoch Times
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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.

Naziya Alvi Rahman
Naziya Alvi Rahman
Author
Naziya Alvi Rahman is a Canberra-based journalist who covers political issues in Australia. She can be reached at [email protected].