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
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
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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.