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June : Babcock boosts young freight business with 10-truck deal

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5 June, 2017

Babcock boosts young freight business with 10-truck deal

10 truck deal

 

Babcock International Group has just completed an entrepreneurial deal with a relatively new entrant into the SA road freight market for ten long-distance haulage trucks.

Sole importer and distributor of DAF Trucks in Southern Africa, received new DAF XF105.460 units at Maxillaria Logistics' Alberton premises in mid-May, and were immediately put onto a long-haul contract between Durban harbour and the Zambian Copperbelt.

"Being new to the South African market, it was difficult to secure credit lines, despite our track record as an established operator in other SADC countries; our Zimbabwe operation had grown to 150 trucks by 2014," said Bernard Lunga, Managing Director, Maxillaria. "So when we launched on our own here in South Africa last year, we bought 15 second-hand trucks for cash and have quickly built our business on the strength of our extensive network of customers."

According to Mark Gavin, Babcock Sales Director (Transport Solutions), Our sales executive, Piet Kemp, quickly identified the needs of the operator and was thus able to offer a complete transport solution that met all of their requirements."

As part of the financing deal, the 10 DAF trucks will also be covered by a repair and maintenance contract to ensure smooth operation and peace of mind.

Source: Transport World


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