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Logistics News

Air cargo volumes encourage, outperforming weak global trade

By: Martin Zhuwakinyu     8th December 2016 Although the global airfreight business continues to face headwinds from weak global trade, the International Air Transport Association (Iata) says there are encouraging signs that growth in air cargo volumes, which came in at 8.2% year‐on‐year in October, will endure into the new year. This was... 

Most Transnet lenders agree to relax downgrade triggers

By: Terence Creamer     7th November 2016 South Africa’s freight logistics utility Transnet has reached agreement with the majority of lenders to relax covenant triggers in respect of R30.1-billion in debt. These triggers would otherwise be brought into play in the event that South Africa is downgraded to junk in December. Transnet’s... 

Most Transnet lenders agree to relax downgrade triggers
Photo by Duane Daws
Transnet CFO Garry Pita

Transnet sets up R20bn acquisitions war chest, as it pulls in capex horns 

By: Terence Creamer     7th November 2016 State-owned freight logistics group Transnet has set aside a R20-billion war chest for mergers and acquisitions inside South Africa and the rest of the continent, owing to “limited” prospects for organic growth domestically. Specific merger and acquisition (M&A) targets have been identified as... 

Transnet sets up R20bn acquisitions war chest, as it pulls in capex horns
Transnet CEO Siyabonga Gama on the group's R20-billion M&A war chest. Camera Work & Editing: Nicholas Boyd. Recorded: 7.11.2016

MiX Telematics foresees further growth on back of strong Q2

By: Megan van Wyngaardt     3rd November 2016 Fleet and mobile asset management solutions provider MiX Telematics expects subscription revenue to increase by 5% to 6% year-on-year, to about R1.2-billion in 2017. This came on the back of a successful second quarter, which saw subscription revenue increase to R301-million, a 6% year-on-year... 

Need for industry to reconsider production, storage and distribution

By: Sascha Solomons     21st October 2016 As large amounts of working capital continue to be tied up in high inventory levels, which is often paired with slow reaction times to market changes, beverage company Coca-Cola Beverages South Africa (CCBSA) asserts that this prompts the warehousing and storage industry to reconsider the way in... 

Need for industry to reconsider  production, storage and distribution
END-TO-END STRATEGIC OPPORTUNITY Viewing the warehousing and storage industry as an entire supply chain rather than siloed disciplines

Safer system for product management completed

By: Sascha Solomons     21st October 2016 Africa-based intra logistical storage solutions provider APC Storage Solutions SA completed the installation and training for the racking, pallet shuttles and sprinkler system of a turnkey system for customs franchised-container freight station company Intermodal Cargo Solutions. “About 110... 

Gauteng Aerotropolis feasibility study wrapped up

By: Irma Venter     7th October 2016 The feasibility study for Gauteng’s Aerotropolis project, to be developed around the OR Tambo International Airport, has been completed, says Aerotroplis project manager Jack van der Merwe. “We are ready to set up an implementation office. This will be a physical office on site. 

Gauteng Aerotropolis feasibility study wrapped up
Photo by Duane Daws
Jack van der Merwe

Barloworld appoints CEO designate

By: Creamer Media Reporter      3rd October 2016 Dominic Sewela has been appointed CEO designate of JSE-listed Barloworld, effective October 1. He will succeed CEO Clive Thomson, who will, after ten years at the helm of the company, step down at Barloworld's next annual general meeting in February 2017. 

Gauteng govt urges citizens to make greater use of public transport

By: Megan van Wyngaardt     3rd October 2016 The Gauteng provincial government has urged citizens to embrace the different modes of public transport available in the province to ease congestion on the province's roads. October marks the launch of National Transport Month. Speaking at a tour of the Pretoria railway station, Transport... 

Gauteng govt urges citizens to make greater use of public transport
Photo by Duane Daws
Minister Dipuo Peters

SA ports operator outlines view on weight regulations at global event

By: David Oliveira     30th September 2016 Transnet Port Terminals (TPT) was invited to present at this year’s International Association of Maritime Economists (IAME) conference, which took place last month in Hamburg, Germany. The presentation joint presentation of TPT senior strategy manager Dr Darren Fraser and TPT compliance manager... 

Grindrod reports some interest in locomotive unit despite weak market

By: Irma Venter     9th September 2016 A depressed commodities market continued to takes its toll on shipping and logistics group Grindrod in the six months ended June 30. Grindrod reported a drop in revenue to R11-billion in its management income statement – which included the company’s share in joint ventures – compared with... 

Brown to meet Futuregrowth, Old Mutual after ‘unfortunate’ funding suspension

By: Terence Creamer     6th September 2016 Public Enterprises Minister Lynne Brown, who is Shareholder Minister for Eskom and Transnet, will meet with the CEOs of Old Mutual and Futuregrowth Asset Management on September 8, following Futuregrowth’s suspension of financing to six State-owned Companies (SoCs), owing to governance concerns.... 

Brown to meet Futuregrowth, Old Mutual after ‘unfortunate’ funding suspension
Photo by Duane Daws
Public Enterprises Minister Lynne Brown

High-tech ‘cyber’ drill rig makes presence felt in Mozambique bush

By: Terence Creamer     5th September 2016 In stark contrast to its rugged surroundings in the Temane bush and not far from the picturesque Mozambican coastal town of Vilanculos, one of the highest-technology drill rigs yet to be deployed in Africa rises out of the orange-brown earth and towers over the surrounding bush. The rig – known... 

High-tech ‘cyber’ drill rig makes presence felt in Mozambique bush
Photo by Sasol
The SMP-105 drill rig in action

White Paper highlights importance of supply chain data

2nd September 2016 With supply chain data already running the day-to-day flow of goods globally, global logistics company DHL’s White Paper reveals that there is a small group of trailblazing companies that are using this data as a predictive tool for accurate forecasting as this gives organisations a competitive... 

White Paper  highlights importance of supply chain data
SUPPLY CHAIN DATA Data mining, pattern recognition, business analytics, business intelligence, and other tools are coalescing into an emerging field of supply chain data science

Ghana oil refinery showing signs of profitability

2nd September 2016 Recent reports demonstrate that Tema Oil Refinery (TOR) – Ghana’s only oil refinery –  has begun showing signs of profitability after seven years of stagnation. The refinery posted a profit of $800 000 from its operations from February 16 to April 20, a development described by market... 

Ghana oil  refinery showing signs of profitability
REFINERY IS FINE AGAIN The Ghanaian refinery has recovered from its seven year stagnation and is showing progress

Apps poised for lasting impact on transport and logistics

2nd September 2016 While the current wave of app development is relatively new and the platforms still evolving, business system solutions provider Strato IT Group MD Cassie Lessing expects apps to continue to disrupt various industries, adding that the potential benefits for logistics and transportation are... 

Grindrod records R1.1bn loss, ready to develop Coega liquid-bulk terminal

By: Irma Venter     25th August 2016 A depressed commodities market continued to take its toll on shipping and logistics group Grindrod in the six months ended June 30. Grindrod on Thursday reported a drop in revenue to R11-billion in its management income statement – which included the company’s share in joint ventures – compared... 

Grindrod records R1.1bn loss, ready to develop Coega liquid-bulk terminal

Barloworld celebrates 75 years on JSE

By: Megan van Wyngaardt     16th August 2016 Industrial brand management company Barloworld on Tuesday celebrated its seventy-fifth year on the Johannesburg Stock Exchange (JSE), and is one of only nine companies to have achieved this. CEO Clive Thomson told Engineering News Online on the sidelines of the 75-year celebration that the... 

Barloworld celebrates 75 years on JSE
CLIVE THOMSON

KAP’s growth continues, FY earnings rise

By: Megan van Wyngaardt     15th August 2016 JSE-listed KAP Industrial Holdings has seen continued growth during the year to June 30, with headline earnings from continuing operations up 18% to 47.8c apiece. Operating profit increased 19% year-on-year to R2-billion. 

Supply chain planning services lower adoption barrier for local firms

By: Schalk Burger     5th August 2016 The supply chain planning services of US-based firm ToolsGroup, provided as an outsourced business process, enable local companies to tap into international best practices at an affordable rate, says ToolsGroup Africa director Simon Oosthuizen. Companies can use the supply chain planning tools... 

Transnet outlines ‘low-road’ investment scenario amid demand uncertainty

By: Terence Creamer     2nd August 2016 State-owned freight logistics group Transnet reports that its multibillion-rand capital expenditure (capex) plan, which has already been rephased in response to weaker-than-expected market demand, could be further moderated under what it terms a “low-road scenario”. Outlining its revised capital... 

Transnet outlines ‘low-road’ investment scenario amid demand uncertainty

Effective supply chain crucial in combating spread of HIV/Aids

By: David Oliveira     29th July 2016 Effective supply chain management remains the most significant challenge facing HIV treatment in developing countries, particularly those in sub-Saharan Africa, and is critical to realising the global goal of an Aids-free generation by 2030, says former Anglo American chief medical officer Dr... 

Belgium trade and investment agency signs Mou with DTI unit

By: David Oliveira     29th July 2016 Belgium-based Wallonia Export-Investment Agency (Awex) signed a memorandum of understanding (MoU) with the Department of Trade and Industry’s (DTI’s) investment promotion agency InvestSA initiative last month. InvestSA provides a number of services for investors, including facilitation of the... 

Belgium trade and investment agency  signs Mou with DTI unit
THE TRILOGIPORT The trimodal logistics facility, which has cargo transport access by water, rail and road, was officially inaugurated in November last year

Stability and cohesion a way forward for African rail sector

By: Simon Sonnekus     29th July 2016 Companies are under pressure from government and the public to embark on new projects while there are still projects that need to be completed. The countless delays across the rail expansions are concerning, says the RailRoad Association of South Africa (RRA). Negative sentiments by the industry... 

Stability and cohesion a way forward for African rail sector
Photo by Duane Daws
DELAYS Negative sentiments by the industry on implementing the designation policy and delays of some rail projects have led to discussions with Trade and Industry Minister Dr Rob Davies

Dedicated truck highway could improve logistics services

By: David Oliveira     22nd July 2016 A truck rapid transit (TRT) system, with dedicated road infrastructure similar to that provided for the bus rapid transport system being rolled out in many South African cities, could provide the impetus to improve the country’s anaemic economic growth. During petrochemicals group Shell’s Rimula... 

Imperial group to acquire 70% of Sasfin Premier Logistics

22nd July 2016 The Imperial group has entered into an agreement with Sasfin to acquire 70% of Sasfin Premier Logistics, a wholly owned subsidiary of Sasfin. Sasfin Premier Logistics will be renamed Imperial Sasfin Logistics. 

New rail loop adds coal export capacity for Waterberg mines

By: Terence Creamer     14th July 2016 The capacity of South Africa’s coal export corridor to transport material mined in the Limpopo province’s Waterberg coalfields has been increased with the completion of a new 1.8 km passing loop at Matlabas, Transnet reports. The loop, which enables 100-wagon trains to cross without disrupting... 

New rail loop adds coal export capacity for Waterberg mines

Imperial acquires 70% of Sasfin Premier Logistics to create trade expert

By: Irma Venter     12th July 2016 The Imperial group said on Tuesday that it had entered into an agreement with Sasfin to acquire 70% of Sasfin Premier Logistics, a wholly owned subsidiary of Sasfin. Sasfin Premier Logistics would be renamed Imperial Sasfin Logistics. 

Imperial acquires 70% of Sasfin Premier Logistics to create trade expert

Tambo-Springs container terminal briefing moves ahead as Transnet offers zoning assurances

By: Terence Creamer     4th July 2016 A briefing session will be held this week for potential bidders for a proposed inland Tambo Springs container terminal, earmarked for development as a public-private partnership (PPP) in eastern Gauteng. State-owned freight logistics group Transnet issued a request for proposals (RFP) in June,... 

 Tambo-Springs container terminal briefing moves ahead as Transnet offers zoning assurances

enX, Eqstra sign R7.8bn deal to create ‘industrial powerhouse’

By: Creamer Media Reporter      30th June 2016 JSE-listed industrial energy group enX will acquire two of JSE-listed industrial and capital equipment group Eqstra’s divisions and recapitalise Eqstra’s contract mining division in a R7.8-billion deal. enX would issue 52.7-million of its shares (consideration shares), at R21 apiece, to Eqstra... 

enX, Eqstra sign R7.8bn deal to create ‘industrial powerhouse’
enX CEO Paul Mansour

GE, Transnet explore use of digital technologies to boost locomotive performance

By: Terence Creamer     30th June 2016 Technology multinational GE reports that it is working with South Africa’s Transnet on ways to integrate its digital solutions into the locomotives it has already supplied, and is in the process of supplying, to the State-owned freight logistics group. The two companies are using GE’s newly... 

GE, Transnet explore use of digital technologies to boost locomotive performance
Photo by Duane Daws
GE South Africa CEO Thomas Konditi

World Bank ranks S Africa among top 20 in logistics report  

By: Anine Kilian     28th June 2016 South Africa was ranked at 20 out of 160 countries based on income grouping and trade logistics performance in the latest edition of the World Bank’s Logistics Performance Index, which was a part of biannual report titled Connecting to Compete 2016: Trade Logistics in the Global Economy. The... 

TNPA to add container capacity at Durban harbour as it puts dig-out port on hold 

By: Terence Creamer     28th June 2016 Having pulled back from any immediate development of the so-called Durban Dig-Out Port (DDOP), Transnet National Ports Authority (TNPA) is moving ahead with two more modest projects to expand the container capacity at the Port of Durban. Transnet CEO Siyabonga Gama has indicated that the DDOP is... 

TNPA to add container capacity at Durban harbour as it puts dig-out port on hold
TNPA senior manager for planning and development Selvan Pillay on the berth-deepening and Salisbury Island projects to increase container capacity at the Port of Durban. Camera Work & Editing: Nicholas Boyd. Recorded: 28.6.2016

Transnet Engineering hands over passenger coaches to Botswana Railways

By: Samantha Herbst     27th June 2016 The engineering unit of State-owned freight logistics group Transnet on Monday released the last batch of passenger coaches to Botswana Railways at a handing-over ceremony in Salt River, Cape Town. This followed the initial staggered delivery of 22 coaches to the Botswana utility this year, which... 

Transnet Engineering hands over passenger coaches to Botswana Railways

Transnet pares back capex as commodity slump impacts demand 

By: Terence Creamer     27th June 2016 State-owned freight logistics group Transnet has pared back its 2016/17 capital expenditure (capex) plan in line with its strategy of “validating” demand ahead of moving ahead with major investments. The rail, ports and pipelines utility expects to invest around R22.8-billion during the 2017... 

Transnet pares back capex as commodity slump impacts demand
Transnet CEO Siyabonga Gama and CFO Garry Pita on the capex outlook for the group. Camera Work & Editing: Nicholas Boyd. Recorded: 27.6.2016

Supply chain study highlights rising uncertainties for local firms

By: David Oliveira     17th June 2016 Supply chain service company Barloworld Logistics launched its supplychainforesight 2016 programme in Johannesburg earlier this month, which reviews the change and adaptation of South African businesses over the past year. The in-depth study explores how companies have fared and analysed key... 

Imperial restructures to create integrated logistics and vehicles divisions

By: Creamer Media Reporter      3rd June 2016 JSE-listed Imperial Holdings on Friday announced structural changes within the group that will result in the creation of two integrated divisions dedicated exclusively to logistics and vehicles. From July 1, the group’s entire logistics interests, including Imperial Logistics South Africa,... 

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