BUY, SELL or HOLD (ASX:BXB)
Brambles Limited (BXB) is a supply-chain logistics company operating in more than 60 countries, primarily through the CHEP and IFCO brands. It provides pooling solutions and associated services and is the largest global provider of returnable pallets, reusable plastic crates and containers. It was established in 1875 - At the age of 18, Walter Bramble established a butchering business. He was a "cut up and deliver" butcher, meaning he transported the meat to customers by boat or horse and cart. Two years later, he had saved enough to move his business to the rapidly growing port town of Newcastle. Walter gradually expanded the transport part of his business...which is now a $16.9bn company.