Newspaper article Sunshine Coast Daily (Maroochydore, Australia)

Col Keeps Our Nation Moving; Good Staff, a Restructure and Canny Founder Keep Company on the Road

Newspaper article Sunshine Coast Daily (Maroochydore, Australia)

Col Keeps Our Nation Moving; Good Staff, a Restructure and Canny Founder Keep Company on the Road

Article excerpt

WHEN Col Hannan's logistics company delivered the 40,000-odd new seats to the Gabba a few years back, they were handed over to the fitters in numerical order and not a single one was out of sequence.

That massive job is just one in a long list of diverse moving jobs that have kept the Mooloolaba-headquartered company performing well since 1992.

Growth, conservatively forecast to be 15% this year with its current $15m turnover figure set to double in five years Co can be put down to solid management, good staff, a recent restructure and a canny business founder who had the knack of hitching his wagon to a series of very bright stars.

Mr Hannan started the business with wife Donna and one truck in Caloundra and quickly grew to do less household removals and more commercial containerised freight movement interstate, partnering with the national rail system.

His reputation in the industry meant his name came up at a Sebel board meeting. Soon after, Freedom also came knocking, as both companies were having problems moving stock across the country.

He won both contracts and spent until late last decade moving everything from furniture, lounges and homewares to Defence Force, mine and Qantas pilots' families' goods into every capital city.

Hannan lost the Freedom contract in 2007, while Sebel C[pounds sterling]died a natural deathC[yen].

C[pounds sterling]We were undercut by Linfox which had the resources to get cheaper rail freight etcetera etcetera and I couldn't match the price,C[yen] Mr Hannan said.

C[pounds sterling]No hard feelings there, it's competition.

C[pounds sterling]The GFC happened about the same time and it knocked us on our a**e. It had a huge impact to the point where the bank I had been with for 20-odd years all of a sudden came down on me and wouldn't give me credit. I had never been in arrears or bounced a cheque, but overnight their whole demeanour changed.

C[pounds sterling]So I had a choice of either letting 12 valuable people go and getting rid of six trucks or really having a big go at the private-to-private sector. I couldn't let anyone go. We are loyal to each other, that's why we are successful. …

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