Turners Shipping has
acquired the shipping
division of DTB Cartage
in a deal that was initiated
earlier this year.
“For us it is an
opportunity to extend our
business operations and
expand our client base,
while DTB’s existing
customers will benefit
from our state-of-theart
information systems
and added value service
facilities,” says Conrad
Cochrane-Murray, chief
executive officer of
Durban-based Turners
Shipping.
Turners and DTB have
an established working
relationship, with Turners
having handled DTB’s
freight forwarding
business for the past five
years. The two companies
also share a long tradition
in the shipping business
– DTB was established
108 years ago while
Turners Shipping recently
celebrated 116 years in the
Industry.
The transaction came
into effect at the beginning
of March with members of
the management team and
staff from DTB joining
Turners and working at its
head office in Durban.
“Turners Shipping is
in a position to provide
the same rates and
credit facilities as those
provided by DTB while
offering an expanded
range of specialised
services, including our
well-established airfreight
operation which is based
at Durban’s International
Airport.”
Turners has seven
offices in southern
Africa and is the South
African partner in BDP
International which
is a global network of
logistics and transportation
specialists in over 120
countries.
Financial constraints
forced the closure of
108-year-old DTB Cartage
in March this year.
Turners acquires DTB’s shipping business
27 Apr 2012 - by Staff reporter
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FTW - 27 Apr 12

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