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Logistics News

Tribunal confirms R99m settlement between commission, K-Line

By: Marleny Arnoldi     10th October 2018 The Competition Tribunal has confirmed a settlement agreement between the Competition Commission and Japanese car shipping company Kawasaki Kisen Kaisha (K-Line). The settlement comes after the commission initiated an investigation in 2012 against K-Line and other car shipping firms for... 

AAD 2018 aerospace and defence exhibition reports attendance figures

By: Rebecca Campbell     10th October 2018 Africa Aerospace and Defence (AAD) reported on Wednesday that its 2018 edition (held from September 19 to September 23) received 32 538 trade visitors. The show was divided into three trade days and two public days, the latter being over the weekend of September 22 and September 23. The two... 

AAD 2018 aerospace and defence exhibition reports attendance figures
Photo of AAD 2018, taken from an altitude of 500 km by an Airbus Pleiades satellite, on the first of the trade days (Airbus Defence and Space)

Transnet lining up to be a global player by 2020, Gama tells delegates

By: African News Agency      2nd October 2018 Embattled Transnet chief executive Siyabonga Gama on Tuesday told delegates at a transport and logistics conference in Durban that the parastatal is aiming to be a multi-billion rand player in the global logistics game by 2020. “We aim to grow Transnet to a R100-billion business by 2020 and a top... 

Air freight volumes see reduced growth, but yields remain good

By: Rebecca Campbell     28th September 2018 The International Air Transport Association (IATA) has reported, in its “Cargo Chartbook Q3 2018”, that the yearly increase in air freight ton/kilometres (FTKs) had decelerated to 2.8% during the three month period ending in July. This was “its slowest pace on this basis in more than two years,”... 

Potential buyer ditches plan to acquire Bidcorp's UK logistics business

By: Reuters     21st September 2018 International food distributor Bid Corporation Ltd (Bidcorp) said on Friday the prospective buyer for its UK logistics business is no longer interested in buying it, citing internal reasons. In August the South African company said is was finalising an agreement to sell that business to an... 

Partnerships enable HighJump to bring new supply chain technology to Africa

By: Schalk Burger     21st September 2018 With the help of its partners, supply chain software company HighJump is bringing new logistics, freight and warehouse technologies into South Africa and Africa. These technologies include the use of voice commands, which will be important to interact with automated systems and robots that are a... 

ELB, Elwatini partner to provide rail solutions

By: Tasneem Bulbulia     18th September 2018 ELB Engineering Services and Elwatini Rail Consultants have formed a special purpose vehicle (SPV), ELB-Elwatini Rail Solutions, to provide services in rail feasibility studies, railway planning, railway engineering design, construction supervision and management, civil design, traction power and... 

Melting ice due to climate change disrupting shipping routes

By: Irma Venter     10th September 2018 Climate change is freeing up new trade routes in some areas, while increasing the risk of ice in others. There was another milestone for Arctic shipping in early 2018 when a specially designed liquid natural gas tanker became the first commercial ship to travel the Northern Sea Route in winter... 

Melting ice due to climate change disrupting shipping routes

South Africa’s logistics ranked third among upper-middle-income countries

By: Simone Liedtke     6th September 2018 The 2018 World Bank Logistics Performance Index (LPI) ranks South Africa as the third most competitive market behind Thailand and China in terms of logistics performance among upper-middle-income economies ranking. Brand South Africa on Thursday welcomed the results of the LPI, which also sees... 

Partnerships enable HighJump to bring new supply chain technology to Africa

By: Schalk Burger     5th September 2018 With the help of its partners, supply chain software company HighJump is bringing new logistics, freight and warehouse technologies into South Africa and Africa. These technologies include the use of voice commands, which will be important to interact with automated systems and robots that are a... 

Ethiopia opens logistics sector to foreign investment

By: News24Wire      5th September 2018 Ethiopia will open its logistics sector to foreign investors but cap their participation, the State investment body said on Tuesday in the latest reform to loosen the government's control of the economy. Prime Minister Abiy Ahmed has presided over a shake-up of one of the most heavily-regulated... 

Ethiopia opens logistics sector to foreign investment
Photo by Reuters
Ethiopian Prime Minister Abiy Ahmed

African rail industry urged to adopt concepts of Fourth Industrial Revolution

By: Nadine James     4th September 2018 The African rail industry must adopt the concepts and develop the technologies of the Fourth Industrial Revolution to facilitate, and realise, the industrialisation aspirations of the continent, delegates attending a South African Heavy Haul Association (SAHHA) technical workshop, on Tuesday,... 

GemCap investment allows Linebooker to venture outside South Africa

By: Irma Venter     4th September 2018 African Rainbow Capital Investments subsidiary GemCap has acquired online transport management business Linebooker from the Oceana Group for an undisclosed amount.   “The investment by GemCap is significant in that it gives us the scope and capital to expand our service offering and logistical... 

 GemCap investment allows Linebooker to venture outside South Africa
Nick Hoffman

Grindrod reports strong recovery in interim earnings

By: Marleny Arnoldi     31st August 2018 Freight and financial services group Grindrod has achieved a strong year-on-year recovery in the six months to June 30, with its earnings a share having increased to 317c, compared with a loss a share of 11.5c in the first half of 2017. Headline earnings a share were 3.8c, compared with a... 

SA ERP provider integrates new capabilities into new offering

By: Schalk Burger     31st August 2018 South African enterprise resource planning (ERP) multinational Syspro’s version 8 offers artificial intelligence (AI), Internet of things (IoT) platforms and analytics as part of its capabilities to allow for near real-time monitoring of all aspects of a business. Syspro Africa product manager... 

SA ERP provider integrates new capabilities into new offering
DEIDRE FRYER A continuous, real-time flow of data makes production and business processes visible, predictable and controllable

OneLogix continues upward growth trajectory in FY18

By: Simone Liedtke     30th August 2018 Despite the tough economic environment, JSE-listed OneLogix achieved an 82% year-on-year increase in earnings per share (EPS) to 52.7c for the financial year ended May 31. Headline earnings per share (HEPS) and diluted HEPS both increased by 14% to 33.7c. 

Super Group buoyed by commodities, new acquisitions

By: Irma Venter     27th August 2018 An excellent performance from the commodities businesses within Supply Chain Africa, good contributions from a number of acquired businesses and solid results from the SG Fleet have seen Super Group post a 15% jump in operating profit, to R2.4-billion, for the financial year ended June 30.... 

Super Group buoyed by commodities, new acquisitions
Peter Mountford

New bridge to improve access to Brackengate 2 logistics park

By: Creamer Media Reporter      24th August 2018 JSE-listed diversified real estate investment trust (Reit) Redefine Properties and VDMV Property Group on Friday officially opened the newly improved Cilmor road bridge over the R300. The bridge, which was completed in August, was built at a cost of R27-million and is expected to further improve... 

New bridge to improve access to Brackengate 2 logistics park

Donating 67 minutes for Mandela

24th August 2018 Nonprofit organisation FoodForward SA and supermarket Pick n Pay South Africa joined forces on Mandela Day this year to raise food for some of the 14-million people living in food insecure households. A total of 151 tons of food was collected from various Pick n Pay stores countrywide, which was... 

Donating 67 minutes for Mandela
DOING IT FOR CHARITY Singer Jimmy Nevis is seen with Pick n Pay director Suzanne Ackerman-Berman at a packing station

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... 

Cost-effective braking systems brand launched
COST CONCERNS A lack of growth within the local commercial vehicle space has resulted in fleet owners’ buying and installing cheaper, but inferior aftermarket products

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
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