One of South Africa’s leading courier and delivery services, Time Freight, has started a formal consultation process that may lead to the closure of the company.
The company was started as a road-based operator in 1984 in KwaZulu-Natal and has grown into one of the best-known brands in South Africa. It focuses mainly on delivery of larger items through a comprehensive road network.
With major hubs in all main centers in South Africa, the company employs over 1,350 people and operates more than 390 vehicles. The company forms part of express logistics company DPD Laser, which also owns Express courier service, Dawn Wing.
Hilton Eachus, the CCO of DPD Laser, informed stakeholders that it has been unable to operate during the lockdown because very few of its customers were deemed as essential services. “It is within this difficult context and after a great deal of deliberation that we have decided to commence a formal consultation process which could lead to the closure of Time Freight,” he said.
“Should the consultation process lead to closure, it will have a very negative impact on the lives of many.”
The process will not, however, have an impact on Dawn Wing. According to Eachus, the potential closure will result in them investing heavily in Dawn Wing. Dawn Wing is a time-sensitive express courier service, catering for smaller parcels. They specialise in B2B, healthcare, and eCommerce. The company will focus on building a single market and innovation-led operating business, meaning some changes will have to be made.