A restructure of the shareholding of Ezethu Carriers, a 10-year-old empowered transporter in the fuel and chemical industries, now sees the company entrenched as a subsidiary of listed logistics business Cargo Carriers.
In the process, Ezethu Carriers has found itself in the position of being able to take advantage of the proposed B-BBEE codes in that it now has an industry-leading B-BBEE level 2 rating. It is also positively affected by Cargo Carriers’ high SHEQ scores and thus sees itself as well positioned to take advantage of the surge in transport logistics for fuels and chemicals which is expected to come with the Government’s pending infrastructure spend.
It is a known fact that the fuel and chemical industry – and indeed the mining industry – are setting ever increasing standards of SHEQ compliance.
The fact that Ezethu Carriers is a subsidiary of Cargo Carriers also means that the company has access to a vast national infrastructure, logistics solutions and IT, and excellent maintenance processes.
In the coming years, these factors are expected to position Ezethu Carriers to consistently broaden its value proposition. In a transport environment that presents ever increasing demands for both reliability and cost effectiveness, this level 2 provider is determined to make waves.