They say the business is not easy to operate.
Witbank logistics giant Massyn Vervoer has announced they are quitting their business completely.
They say this is due to unfavourable market conditions in the freight industry and also because of people who vandalize and damage their trucks.
As at 30 April 2022, Massyn Vervoer trucks will never be seen on the roads again.
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Company owner Frans Massyn told workers that the country’s economy is challenging and doing business is not easy.
“It is with a heavy heart and deep regret that I have to inform all staff, that we have taken a decision to cease our entire logistics operations within the Republic of South Africa (RSA),” Massyn said.
“There is a potential buyer, however, no confirmation has been forthcoming. In the event of the company being sold, we will consult all staff in terms of the transfer.
“If no sale agreement is reached, we will cease operations effectively 30 April 2022. All statutory monies such as severance pay and National Bargaining Council for the Road Freight and Logistics Industry (NBCRFLI) entitlements will be paid to each employee.
“May I thank all of you for your loyalty and hard work over the years,” wrote Massyn.
(edited by MLM)
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