ACFS Port Logistics, the container logistics operator controlled by the billionaire Tzaneros family, has entered administration, marking a sharp deterioration in the financial stability of one of Australia’s largest private port operators.

The company, which handles freight for major retailers including Coles and Wesfarmers, had been under sustained pressure from creditors over the past year, culminating in this formal insolvency step.

The Australian Taxation Office (ATO) had previously threatened a wind-up application over unpaid tax liabilities totaling approximately AUD 60 million.

The administration follows a series of aggressive moves by creditors seeking to recover unpaid debts.

The Australian Taxation Office (ATO) had previously threatened a wind-up application over unpaid tax liabilities totaling approximately AUD 60 million.

Additionally, infrastructure giant Transurban filed a petition in the Supreme Court of New South Wales to wind up the company, citing a pattern of late payments and deteriorating financial health.

The collapse raises immediate questions about continuity of supply chain operations for key retail partners.