Transport News
RoadOne Adds R&A LogisticSolutions to its Family of Companies
RoadOne enters the Oakland market, includes physical footprint with a 370,000 square foot warehouse and transload center.
Lasership and OnTrac Expand E-Commerce Delivery Network to Texas with Launch in Early 2023
Texas expansion will help retailers reach an additional 19 million consumers with faster, more reliable delivery at a lower cost
RJW LOGISTICS GROUP ACQUIRES TENTH WAREHOUSE, THIRD WITHIN THE LAST 12 MONTHS
Surging Retail Inventory Drives Acquisition of New Facility, Sending Total Square Footage over 5 Million.
More women join the industry
Material managing company CFAO Equipment South Africa has seen an increased interest from women that wish to get in the products managing sector, which is mostly perceived to be a male-dominated industry.
Brian Devine Joins Staffing Leadership Group as President and CEO to Lead New Vision and Rebranding
COLUMBUS, OHIO– August 25, 2022– Brian Devine has signed up with Staffing Leadership Group– a Columbus, Ohio– based logistics staffing agency– as president and CEO.
3G Reveals New Buyer Engagement Growth and Win Rate Increases for 2022
3G, a leading modern-day transportation management system (TMS) and enterprise shipping software provider, revealed continued strong results for the first half of 2022 exemplifying the company’s positioning in the industry.
JAXPORT Deepening Means Boost for CargoBarn
The Florida office of CargoBarn, the technology-driven freight brokerage, is anticipating more organization thanks to Jacksonville Port Authority’s just recently completed harbor deepening. JAXPORT announced this summer it had actually finished dredging to 47 feet.
Freight costs, not oil, to blame for global price acceleration – economist
Ever given that international inflation started heading north at a worrying rate, much of the traditional knowledge on the reasons for this trend has indicated energy rates, particularly oil, petroleum and gas, states Dr Roelof Botha, economic advisor to the Optimum Investment Group. Also, when evaluating the structure of the basket of items and services that form the basis for the computation of the customer price indices (CPIs) in South Africa and the majority of its essential trading partners, these prices certainly stick out, as do some food prices, he includes.
Transnet and unions declare wage deadlock, strike looms
South Africa’s Transnet announced on Friday a deadlock in wage negotiations, with two labour unions raising the prospect of a strike that could further cripple the State-owned logistics company and impact Africa’s most advanced economy. Transnet has been operating below capacity due to the shortage of locomotives, inadequate maintenance, vandalism and theft of its infrastructure, costing miners billions of rand in potential revenue. In a statement, Transnet said a wage dispute had been formally declared with the South African Transport and Allied workers Union and the United National Transport Union after negotiations which started in May.Transnet said the unions had rejected its offer of a 1.5% increase on employees’ pay, excluding medical and housing allowances.
Grindrod achieves strong interim performance
JSE-listed Grindrod attained a strong performance for the 6 months ended June 30, delivering excellent profits development in its core businesses. This was underpinned by strong mineral product markets and Grindrod Bank continuing to carry out well on the back of favourable net interest margins, outbound CEO Andrew Waller said at a discussion of the group’s results on August 26.
FourKites Launches New Unified Customer Interface
New innovative platform functions perfectly combine presence data from all modes, truck consultation scheduling and warehouse lawn management– driving productivity and performance
Tower Cold Chain expands its network in the Americas
Global pharmaceutical temperature-controlled expert Tower Cold Chain has extended its reach and service capabilities in the USA with the opening of its newest hub, located in Chicago, Illinois.
Global Brands Present Live on the Future of Supply Chain Digitization at FourKites Visibility 2022
Executives from Coca-Cola Consolidated, FedEx, Mary Kay and Nestlé to join more than 700 supply chain execs from global brands at premier supply chain visibility conference to share best practices on supply chain automation and building resilience
Cosatu to march over ‘unreliable, unsafe and broken’ train service
The Congress of South African Trade Unions (Cosatu) is planning to protest in front of the offices of the Passenger Rail Agency of South Africa (PRASA) on Wednesday against a "public transport crisis" in the Western Cape. The union, with the support of the SACP and other progressive forces, is demanding a response from PRASA over a list of demands handed over in February.
OneLogix achieves solid year, despite headwinds
JSE-listed niche logistics provider OneLogix Group produced a “satisfactory set of results” for the financial year ended May 31, despite it being a particularly difficult year, CEO Ian Lourens says. “Notwithstanding South Africa’s emergence from the restrictions of the protracted Covid-19 lockdowns, local and regional economies remained comparatively listless. Within this sluggish economic environment, it has become increasingly costly to run a logistics business in South and southern Africa, primarily because we are simply not able to recover various rising costs from our value chain,” he explains.
Hyster introduces lift truck with advanced ergonomics to support high-intensity trucking industry
Hyster Company announces the launch of an integrated lithium-ion battery-powered lift truck built to meet the demands of the fast-paced trucking industry.
Realterm Acquires Fully Leased Secured Parking and Storage Facility in California’s Inland Empire
Realterm announces the acquisition of a 5.0-acre secured parking and storage facility located at 13819 Slover Avenue in Fontana, Calif.
Realterm Acquires 30-Door Final Mile Truck Terminal in Linden, New Jersey
Realterm announces the acquisition of 975 East Linden Avenue in Linden, N.J. The 10,500-square-foot high flow through terminal offers 30 doors on 1.6 acres.
Kenya Airways boosted revenues and cut losses during the first half of this year
Kenya Airways, the national flag carrier of the East African country, released its results for the first half of this year (1H22) on Wednesday. It had accrued total revenues of 48.104-billion Kenya shillings (Kshs) in the period under review. (This figure comes to a little more than $401-million.) This represented a 76% increase over the revenues accrued during the same period last year (1H21). The operating loss in 1H22 was Kshs5-billion ($41.7-million). This was 31.5% down on the operating loss of Kshs7.3-billion ($609-million) recorded in 1H21.
KAP achieves good full-year financial performance
JSE-listed KAP Industrial achieved a 17% year-on-year increase in revenue from continuing operations to R27.98-billion for the financial year ended June 30. Operating profit, before capital items, increased by 40% year-on-year to R2.94-billion.