ACFS is one of Australia’s largest trucking and container logistics operations. Image: ACFS
One of Australia’s largest container transport and logistics businesses has been placed into administration by specialist lender ScotPac, just one day before a Federal Court hearing over a reported tax debt of almost $60 million.
The Australian Financial Review reported Salea Advisory was appointed administrator of ACFS Port Logistics on Thursday, August 6. Daily Cargo News has also confirmed the company entered external administration.
The appointment came despite ACFS saying only days earlier that it had finalised arrangements to repay its debt to the Australian Taxation Office in full and expected the winding-up application to be…