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.

Editor's Comment
Tana project a welcome development

Whilst the project received mixed reactions from members of the public, the project is indeed a welcome development, which needs to be implemented as soon as possible. Many shared their opinion, with those against the project decrying that if implemented, it will kill the already struggling public transport industry.Many countries around the world have state-run public transport, and those who have travelled to such countries will give testimony...

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