Turners acquires DTB’s shipping business

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.