OneLogix: Winning a bruising game of truck and haul
Economy be damned, nimble operating strategies have meant a four-year compound annual growth rate of 7%
OneLogix is a niche logistics operator that plays in highly specialised areas such as vehicle transportation, agriculture and liquid bulk. Its business model and growth have been largely predicated on acquiring entrepreneurial businesses and giving founders and management incentives to remain.
“Entrepreneurs are able to sail their boats even in windless conditions”, says CEO Ian Lourens, a reference to their innate ability to make a plan even when ambient conditions are against them. “We have looked to acquire businesses where the entrepreneur didn’t want to leave, providing them with all sorts of backup, taking away the admin hassles and freeing them up to grow the operation.”
As the fortunes of OneLogix depend largely on the ambient southern African economy, it is unlikely that earnings growth in the short to medium term will be particularly strong. Notwithstanding this, it has exhibited a four-year compound annual growth rate of 7% thanks to nimble operating strategies...