The summer of our discontent
We have all experienced pain at the pump this summer. It appears that many unforeseen circumstances contributed to this most recent spike in oil prices—increased travel demand, Russia’s invasion of Ukraine, and a world that discourages new fossil fuel exploration.
This isn’t the first time our nation has felt the stress created by high fuel prices. For those of you who were not yet on the planet, America experienced an oil crisis in 1973. In October of that year, the Organization of the Petroleum Exporting Countries (OPEC) announced an oil embargo to punish nations, including the United States, that supported Israel during the Yom Kippur War. The embargo lasted until the following March. During that time, the price per barrel of oil quadrupled from $3 to $12. While that doesn’t seem like a lot to those of us used to $100+ per-barrel prices, it was a major shock at the time.
Not only was fuel more expensive, it was also in short supply. Long gas lines appeared ev ....
Other Transport News
Subdued growth expected in transport sector; more freight going to Maputo – Ctrack index
The Ctrack Transport and Freight Index (Ctrack TFI) forecasts “another year of fairly subdued growth for the transport sector”. This is based on the assumption of mediocre economic growth in South Africa this year, forecast at 1.3%, up from 2023’s estimated 0.6%.
Cape Town to invest R43bn in infrastructure in the next three years – mayor
Cape Town Mayor Geordin Hill-Lewis says the city will invest R43-billion in facilities over the next three years. The ten-year project pipeline is valued at R120-billion.
Competition, collaboration needed for an efficient logistics network in South Africa A panel of experts discuss the current state of South Africa’s transport and rail systems and what needs to be done to improve the country’s logistics performance.
Competition is very important to create performances in the logistics and transport network, however partnership is similarly necessary to guarantee that all the public and personal sector role-players can meet their roles in the recovery and improvement of South Africa’s underperforming logistics systems. Transport experts throughout the ‘How to deliver socioeconomic advancement through a stronger transport system’ webinar, hosted by Creamer Media on October 18, stressed that transport and logistics are basically about the economy and stressed that the design of the network must fit the needs of the users and neighborhoods.
Bambili close to finishing feasibility study on hydrogen fuel cell power system for Anglo’s …
Diversified mining major Anglo American has actually chosen hydrogen energy solutions business Bambili Energy to deploy a 2 MW hydrogen fuel cell power system lighthouse task to offer electrical energy at its headquarters in Rosebank, Johannesburg, South Africa. Bambili Energy CEO Zanele Mavuso Mbatha said on February 12 in Johannesburg that the company would provide a bespoke 2 MW hydrogen fuel cell power system by beneficiating platinum produced by its Anglo American Platinum (Amplats) subsidiary.
Competition, collaboration needed for an efficient logistics network in South Africa A panel of experts discuss the current state of South Africa’s transport and rail systems and what needs to be done to improve the country’s logistics performance.
Competition is essential to develop efficiencies in the logistics and transportation network, but collaboration is likewise needed to make sure that all the personal and public sector role-players can fulfill their roles in the healing and enhancement of South Africa’s underperforming logistics systems. Transport experts throughout the ‘How to deliver socioeconomic advancement through a stronger transportation system’ webinar, hosted by Creamer Media on October 18, stressed that transport and logistics are basically about the economy and worried that the style of the network should fit the requirements of the users and communities.
Toll tariffs to increase by 6.25%, Sanral announces
The South African National Roads Agency Limited (Sanral) has announced that its toll tariffs will increase by 6.25% from March 1. The tariffs are adjusted yearly in line with the Consumer Price Index as acquired from Statistics South Africa.
Competition, collaboration needed for an efficient logistics network in South Africa A panel of experts discuss the current state of South Africa’s transport and rail systems and what needs to be done to improve the country’s logistics performance.
Competition is necessary to produce efficiencies in the logistics and transportation network, however cooperation is likewise required to guarantee that all the public and private sector role-players can meet their functions in the healing and improvement of South Africa’s underperforming logistics systems. Transport professionals throughout the ‘How to provide socioeconomic development through a stronger transportation system’ webinar, hosted by Creamer Media on October 18, stressed that transport and logistics are basically about the economy and worried that the design of the network must suit the requirements of the communities and users.
Competition, collaboration needed for an efficient logistics network in South Africa A panel of experts discuss the current state of South Africa’s transport and rail systems and what needs to be done to improve the country’s logistics performance.
Competition is important to develop effectiveness in the logistics and transportation network, however collaboration is similarly needed to ensure that all the private and public sector role-players can meet their functions in the recovery and improvement of South Africa’s underperforming logistics systems. Transport professionals throughout the ‘How to provide socioeconomic development through a stronger transportation system’ webinar, hosted by Creamer Media on October 18, stressed that transport and logistics are basically about the economy and worried that the design of the network must match the requirements of the communities and users.
Loadshedding, logistics, water crises key themes of SoNA 2024 Loadshedding, logistics, water crises key themes of SoNA 2024
Engineering News editor Terence Creamer discusses some of the key themes that emerged during President Cyril Ramaphosa’s final State of the Nation Address of the current administration and how these affect the economy and business.
Opec Fund extends $30m loan to Uganda to upgrade rural road
The Organisation of the Petroleum Exporting Countries (Opec) Fund for International Development is extending a $30-million loan to support the development of a key transportation link in Uganda. The project is co-financed by the Islamic Development Bank (IsDB) and the government of Uganda.