OneLogix buffeted by supply chain disruptions and highway protests
The group says it has become increasingly costly to conduct a logistics business in SA
25 August 2022 - 19:16
Despite surging fuel and raw material prices and supply chain disruptions, including violent protests on the country’s main highways, logistic operator OneLogix has reported that group revenue returned to or overtook prepandemic levels.
On Thursday, the company reported trading profit was up 30% to R178.7m. Revenue jumped 24% to R3.07bn, boosted by its primary product logistics segment and an increase in volumes handled. Cross-border transport volumes also increased 35% from the prior year to R615.3m, OneLogix said...
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