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Ezethu Logistics
In a proactive response to BBBEE Codes, Cargo Carriers Limited and Eyethu Haulage
(Pty) Ltd formed a black empowerment joint venture, Ezethu
Logistics (Pty) Ltd.
The parties have long recognised a business
imperative in the industry for meaningful empowerment and
believe the venture is a fitting contribution to the country's
need for economic equity.
Cargo Carriers owns 49 percent of Ezethu.
Eyethu Haulage - a wholly black-owned and black-managed company
holds 51 percent. With access to Cargo Carriers'
infrastructure and assets to reduce costs, Ezethu enjoys
adequate back-up in terms of vehicles, staff and administration.
The company primarily operates in the fuel industry with notable customers such as Total SA and Shell SA.
Ezethu Logistics operates 11 vehicles out of the Total Depot in Waltloo, Pretoria and delivers fuel to 255 filling stations in and around Pretoria.
Ezethu Logistics have a contract with Shell SA and operates 5 vehicles out of the Shell Depot in Boksburg and delivers various oils to 20 mines in the Mpumalanga and Northwest provinces, as well as lubricant oil to various customers in and around Gauteng.
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Murray Bolton
Ezethu Director
There is no denying Murray Bolton's
academic prowess and practical experience at the highest
level - the joint CEO of Cargo Carriers has been with
the company since 1985. Bolton (CA SA, BCom, Wits, BCompt
Hons, Unisa) joined Cargo Carriers as Financial Administration
Manager and, within two years, was appointed Financial
Director. Bolton later completed a Sloan Fellowship
at the London Business School and was appointed Joint
CEO in 1992.
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Garth Bolton
Ezethu Director
Garth Bolton's natural flair for business
dynamics has seen him steadily rise through the ranks
at Cargo Carriers. His ability and hands-on experience
have earned him promotions from Contracts Controller
to Branch Manager and finally, from Divisional Manager
to joint CEO of Cargo Carriers. Bolton also served as
chairman of the Road Freight Association for two years,
and brings a wealth of experience at all levels of the
industry to Ezethu.
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