CHEP South Africa has bought TNT Container Logistics for an undisclosed sum, effective since October 1.
The acquisition extends the companyÕs reach
into the IBC (Intermediate Bulk Container) market. Chep has always been involved in pallet rental.
A new Sea-Intelligence analysis warns that resuming Suez transits could release 2.1 million TEU of capacity but may also unleash a wave of congestion at European ports.