Advertisement

Transporters contest SA firm�s bid for 4MS

Local transporters are against the aquisition bid.PIC MORERI SEJAKGOMO
Local transporters are against the aquisition bid.PIC MORERI SEJAKGOMO

Local transport industry players are poised to block the acquisition of assets and cession of the main contracts belonging to 4MS Group Holdings by Transport Holdings Limited.

The acquiring company, Transport Holdings is a logistics subsidiary of Imperial Holding Group of South Africa and is involved in carrying out large-scale transportation.

On the other hand 4MS Group, established as a citizen/driver empowerment scheme by Kgalagadi Breweries Limited (KBL), is in the businesses of ad hoc line haul transport to the general market and line haul transport services to KBL.

Advertisement
Editor's Comment
Celebrate responsibly, put safety first this holiday

“Safety first is safety always”– Charles M HayesAs most people begin travelling across the country to spend the President’s Holidays with family and friends, there is every reason to embrace the joy and togetherness that this period brings.While holiday periods bring joy, they are sadly often accompanied by a rise in road accidents, violent incidents and other avoidable tragedies. Too often, families that set out to celebrate together end...

Have a Story? Send Us a tip
arrow up