https://www.engineeringnews.co.za
R/€ = 19.23 Change: -0.02
R/$ = 17.63 Change: -0.01
Au 1728.57 $/oz Change: -5.57
Pt 828.29 $/oz Change: 2.74
 

Logistics News

Cost-effective braking systems brand launched

By: Paige Müller     24th August 2018 Commercial vehicle technologies supplier WABCO South Africa (SA) last month launched ProVia – a high-quality, price-competitive aftermarket brand for commercial vehicle braking systems – across ten Southern Africa countries. ProVia is a safety-focused and reliable budget parts product range for... 

Electromobility the future of transport infrastructure

By: Paige Müller     24th August 2018 On the back of introducing its all-electric Volvo FL and FE trucks, global manufacturing company Volvo Trucks aims to be the leading sustainable transport solutions provider globally. Sales and series production of the new Volvo FL and FE trucks – designed for urban distribution and refuse... 

Electromobility the future of transport infrastructure
POLICY PUSH Electromobility technology will become essential to the global transport industry as environment-focused legislative policies begin to take effect

Grindrod appoints Andrew Waller as CEO

By: Marleny Arnoldi     22nd August 2018 Following the unbundling of its shipping business into a separate entity, Grindrod has appointed Grindrod Freight Services CEO Andrew Waller as group CEO. Grindrod Shipping listed in the industrial-transportation services sector of the JSE on June 19 and on the Nasdaq on June 18, while Grindrod... 

Bidvest expects to report up to 22% lower EPS for FY18

By: Marleny Arnoldi     22nd August 2018 JSE-listed services, trading and distribution company Bidvest expects its earnings per share (EPS) for the year ended June 30 to be between 19% and 22% lower at between R1.11 and R1.15 apiece, compared with R1.43 apiece in the prior year. The lower EPS can be attributed to a contraction in the... 

Imperial unbundling to be implemented in Q4, says Akoojee

By: Irma Venter     21st August 2018 It is anticipated that the unbundling of the Imperial group will be implemented in the fourth quarter of this calendar year, says Imperial acting CEO Mohammed Akoojee. Speaking at the company’s annual results announcement in Johannesburg on Tuesday, he said Imperial Holdings would be renamed... 

Imperial unbundling to be implemented in Q4, says Akoojee
Mohammed Akoojee

Transnet results eclipsed by irregular expenditure, qualified audit and State capture

By: Terence Creamer     20th August 2018 A surge in irregular expenditure to over R8-billion triggered a qualification of Transnet’s 2018 financial results, all but eclipsing an otherwise strong financial and operational performance by the State-owned group. The irregular expenditure related primarily to procurement undertaken by... 

Transnet results eclipsed by irregular expenditure, qualified audit and State capture

Dachser South Africa driving excellence in road freight services

17th August 2018 According to logistics company Dachser South Africa road freight in Africa can be a challenging undertaking. Therefore, transporting goods and services throughout the continent requires a network of support partners, a team that has up-to-date information on multi-country customs and border... 

Dachser South Africa driving excellence in  road freight services
STRATEGIC GOAL Dachser South Africa’s aim is to ensure that logistics is tailored to meet clients’ specific requirements

Interroll makes modular conveyor platform for logistics

17th August 2018 Materials handling specialist Interroll has created its modular conveyor platform (MCP), with decentrally controlled RollerDrive drive technology, fit for use in environments as cold as -30 °C. Deep-freeze logistics can now benefit from an efficient, zero-pressure-accumulation material flow. The... 

Interroll makes  modular conveyor  platform for logistics
FLEXIBLE ALTERNATIVE Interroll designed the critical components of our state-of-the-art conveyor platform to operate at temperatures as low as -30 °C

Company offers paper alternative to wooden and plastic pallets

17th August 2018 Transport packaging company Kimmo is driving the industry to switch to paper pallets as alternatives to the usual wooden and plastic pallets.  The company manufactures paper pallets using honeycomb fibreboard in South Africa. According to the founder of Kimmo Jan Vreken, he discovered honeycomb... 

Company offers paper alternative to wooden and plastic pallets
VISUAL RESEMBLANCE Honeycomb fibreboard technology takes its name from the visual resemblance to a bee’s honeycomb

Local company to introduce new plastic pallets

By: Melissa Zisengwe     17th August 2018 Plastic pallets distributer, Premier Pallets will introduce new polyethylene terephthalate (PET) pallets to the market next month. Premier Pallets owner Tilania du Preez says the pallets were manufactured in South Africa from PET plastic bottles such as Coke bottles. 

Local company  to introduce new  plastic pallets
NEW PRODUCT The plastic pallets were manufactured in South Africa SOURCE

New regulation increases interest in local industry

By: Melissa Zisengwe     17th August 2018 The logistics industry will be boosted by the New Customs Acts Programme (NCAP), which was formally introduced this year, says working capital specialists Investec Import Solutions customs manager Dylan Govender. The South African Revenue Service (Sars) describes the NCAP as a safe, enabling,... 

New regulation increases interest in local industry
NEW REGULATION Companies are now required to declare their cargo conveyed to South Africa 24 hours prior to transportation

Imperial to repurchase preference shares at R85 apiece

By: Marleny Arnoldi     13th August 2018 JSE-listed Imperial Holdings is offering to repurchase its preference shares for R85.53 a share, which is a 29% premium to Friday’s closing price of R64.29. The company on Monday stated that the offer price values the preference shares at R83, with an accrued dividend of R2.53 since June.  

Equites acquires Simba logistics facility in Gauteng

By: Simone Liedtke     6th August 2018 Real estate investment trust Equites Property Fund has concluded an agreement to acquire a 40 428 m² distribution centre, let to Simba, from Investec Property Fund for about R461.9-million. The transaction is estimated to be effective from November 1, 2018. 

Imperial expects up to 16% y/y increase in FY18 HEPS

By: Creamer Media Reporter      3rd August 2018 JSE-listed Imperial Holdings expects its headline earnings per share (HEPS) for the financial year ended June 30 to rise by up to 16%. In a trading statement issued on Friday, it said it was likely to report HEPS of between R15.20 and R16.15, compared with HEPS of R13.90 in the 2017 financial year. 

Maintaining Ngqura now easier and more cost effective

By: Halima Frost     3rd August 2018 South Africa’s newest deep-water port, the Port of Ngqura, has received its first piece of maintenance equipment since becoming operational in 2009. The vehicle, a crane truck – estimated to be valued at R1.8-million – was specifically modified to meet the ports requirements, and will be used... 

Maintaining Ngqura  now easier and more  cost effective
GONE FISHING The specially modified truck can be used to fish tyres out of the water

New appointments to help ship repair focus

3rd August 2018 Transnet National Ports Authority (TNPA) has announced its new appointments and rotational changes to current harbour masters, all effective July 1, 2018.   

New appointments to  help ship repair focus
PRESTON KHOMO The strategic development of ship repair infrastructure is being brought to the fore

S African company supplies four hoppers to Kenyan port

By: Halima Frost     3rd August 2018 South Africa-based equipment supplier BLTWORLD has assisted in supplying four materials handling specialist SAMSON Eco-Hoppers to the Kenyan Port of Mombasa, in June this year. Acquiring the hoppers is part of the Mombasa Resilient Infrastructure Programme (MRIP) initiative by the Kenya Ports... 

S African company supplies four hoppers to Kenyan port
OUT OF THE QUAY The SAMSON hoppers can be moved to free up space where needed

Supply-chain blockchain can improve traceability, customer experience

By: Schalk Burger     3rd August 2018 Using a blockchain-based supply chain management system can significantly improve the transparency of supply chains, provide information for customers about quality and to trace product origins, as well as improving the agility and adaptability of supply chains, says information technology (IT)... 

Supply-chain blockchain can improve  traceability, customer experience
VISHAL BARAPATRE Blockchain can help to counter disruptions in complex supply chains

Funding for SA firms seeking to increase African trade and investment exposure

By: Schalk Burger     3rd August 2018 Increased trade and interdependence with the rest of Africa are set to bolster the anaemic economy of South Africa through the R13.4-billion Export Credit Insurance Corporation of South Africa (ECIC) and African Export Import Bank (Afreximbank) South African Trade and Investment Promotion... 

Funding for SA firms seeking to increase African trade and investment exposure

Imperial CEO takes extended medical leave until Jan

By: Marleny Arnoldi     30th July 2018 JSE-listed Imperial Holdings CEO Osman Arbee has been placed on medical leave until January 2019, after he underwent surgery in June that subsequently led to a minor stroke. Once Arbee has recovered, he will continue his role as Motus CEO.  

Company completes reusable bins supply for new vehicle model

By: Halima Frost     27th July 2018 Rotational and low pressure injection moulding specialists Kaymac Structural Foam (KSF) completed a contract with a leading German automobile manufacturer last month, where it supplied reusable collapsible bins for components of a new vehicle model being manufactured in South Africa for world... 

Company completes reusable bins supply for new vehicle model
HOLDING IT TOGETHER Collapsible bins were produced to hold automotive parts

Budgetary constraints hindering sustainable practices, says report

By: Irma Venter     26th July 2018 Sixty-four percent of respondents in this year’s Barloworld Logistics supplychainforesight report indicate that their companies have adopted sustainable business practices. Of the remaining 36% of respondents, 23% say it will only be a priority in the next three years, 6% say it will be a... 

Budgetary constraints hindering sustainable practices, says report

IIoT-enabled businesses expected to boost revenues by 10% by 2023

By: Schalk Burger     24th July 2018 Companies across the global supply chain expect the Industrial Internet of Things (IIoT) to increase their yearly revenues by 10% within five years, a global study by mobile satellite communications company Inmarsat, released on Tuesday, showed. IIoT is the application of networked sensors, which... 

Cleaner, safer fuel on display at expo

By: Halima Frost     29th June 2018 Natural gas supplier CNG Holdings hopes to educate the private sector and original-equipment manufacturers about the benefits of alternative fuels during the TruckX Expo, to be held at the Kyalami International Grand Prix Circuit and Conference Centre on July 11 and 12. “Compressed natural gas... 

Cleaner, safer fuel  on display at expo
POWERED BY NATURAL GAS Natural gas fueling stations are the way of the future

First-timer to exhibit product ranges for truck market

By: Halima Frost     29th June 2018 First-time exhibitor workshop and fitment centre supplier Integrated Marketing will showcase a range of its products to the truck and fleet management industries at this year’s TruckX expo at the Kyalami International Grand Prix Circuit and Conference Centre, in Gauteng, on July 11 and 12. “The... 

First-timer to exhibit product ranges for truck market
BALANCING ACT The mobile XTB1200 truck wheel balancer allows for on site balancing

Opportunity for smaller exporters amid global ecommerce trend

By: Schalk Burger     29th June 2018 The growth of e-commerce and changing retail industry trends provide entrepreneurs and small businesses with new opportunities to sell their products and services to international markets, says courier multinational FedEx Express Southern Africa operations VP Mike Higley. According to the PayPal... 

Expo aims for 50% more visitors this year

By: Halima Frost     29th June 2018 Building on record attendance of more than 2 280 visitors to Africa's leading transport, materials handling, logistics and fleet management event the TruckX Conference and Expo (TruckX) at the Kyalami grand prix circuit, in Midrand, last year, TruckX 2018 hopes to increase this year’s attendance... 

Expo aims for 50% more visitors this year
BIGGER SPACE EQUALS BIGGER VISIBILITY The capacity for larger outdoor stands is seen in Sasol’s TruckX 2017 stand

Technology, costs, society affecting fleet companies

By: Halima Frost     29th June 2018 Fleet and fuel management company Globaltrack has identified through research that technology, costs and society are the economic forces that have a direct impact on the survival of transport companies. The most prominent of these forces is technology, with the automation of in-house processes,... 

Technology, costs, society  affecting fleet companies
SUN SETTING ON HIGH FUEL COSTS Fuel Management System reduces fuel costs for the trucking and logistics industry

Chevron South Africa empowers logistics company to use drones, expand fleet

By: Marleny Arnoldi     25th June 2018 Black-owned petroleum logistics company Crusade Logistics is being aided by some of the newest technology available in logistics, as it goes toe to toe with bigger fuel hauling companies.  

Chevron South Africa empowers logistics company to use drones, expand fleet
Crusade Logistics using drone technology

SAGCC, partners aim to digitalise industries

By: Melissa Zisengwe     22nd June 2018 The Southern African-German Chamber of Commerce and Industry (SAGCC) and its partners are looking into automating and digitalising South African supply chain industries. According to the SAGCC, there is a substantial shift towards automation and digitalisation in organisations in Germany and in... 

SAGCC, partners aim  to digitalise industries
Photo by Bloomberg
NEW STANDARD There is a shift towards automation and digitalisation of supply chains

Gama cites need for digital change to ensure greater economic growth

By: Simone Liedtke     21st June 2018 With an unemployment rate of about 27% in South Africa, State-owned Transnet CEO Siyabonga Gama highlights the need for creating, on an urgent basis, more job absorption strategies. This vision, he explained at the Vision 2030 Summit, in Johannesburg, on Thursday, will involve employing more of... 

Gama cites need for digital change to ensure greater economic growth
Photo by Dylan Slater
Transnet CEO Siyabonga Gama

Imperial board to proceed with Motus unbundling, separate listing

By: Nadine James     21st June 2018 Imperial Holdings’ board has resolved to proceed with the unbundling of its Motus automotive business, it announced on Thursday. The JSE-listed company has previously indicated its plans to restructure its operations into two large independent and self-sufficient businesses – one holding the... 

Imperial board to proceed with Motus unbundling, separate listing
Imperial CEO Osman Arbee

Standard Bank promises fleet savings as fuel price surges

By: Irma Venter     21st June 2018 A number of fleet management solutions can save businesses the additional costs of the recent value-added tax (VAT) and fuel price increases, says Standard Bank Fleet Management executive head Derick de Vries. He says this year’s increase in VAT to 15% from 14% can be “comfortably offset” by... 

Standard Bank promises fleet savings as fuel price surges
Derick de Vries

Rising attacks on cash-carrying vans pose threat to economy

By: African News Agency      1st June 2018 A renewed surge in attacks on armoured trucks that transport vast amounts of money between retailers and banks is hurting South Africa's economy, given that the bulk of transactions in the country are still conducted in hard cash, industry officials said this week. Cash-in-transit (CIT) attacks... 

Barloworld H1 profits, revenue rise on higher Southern African, Russian equipment sales

By: Marleny Arnoldi     21st May 2018 Despite a weaker first quarter, the global economy remains on track to show solid growth for 2018 in both developed and emerging markets, while South Africa’s economic outlook is also improving, benefiting multinational Barloworld. The company on Monday reported a 14.2% year-on-year increase in... 

Barloworld H1 profits, revenue rise on higher Southern African, Russian equipment sales
Barloworld CE Dominic Sewela

R3bn Rosslyn Hub to create 160 000 jobs

By: Nadine James     16th May 2018 The R3-billion mixed-use Rosslyn Hub development was launched at the African Smart Cities Summit, co-located with the African Construction and Totally Concrete Expo, at the Gallagher Convention Centre, in Johannesburg, on Wednesday. The Rosslyn Hub is a crucial step towards the creation of the... 

Santova achieves 13.5% organic profit growth in line with strategic focus

By: Schalk Burger     16th May 2018 JSE-listed logistics company Santova grew its profit by 13.5% to R71.3-million for the financial year ended February 28, from R62.8-million in 2017, with the performance of the group having been “purely organic,” the company said on Wednesday. This is the result of a strategic choice focused... 

2 3 4 5
6
7 8 9 10
 

Latest News

more

Latest Videos

more

Research Reports

Topics In These Articles

RSS Feed

About

Engineering News is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Mining Weekly
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Engineering News is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Subscribe Now for $119
Free daily email newsletter Register Now
Subscribe Now for $119 Close