Transport News
OneLogix records satisfactory performance in a difficult interim period
JSE-listed OneLogix Group recorded a satisfactory set of results for the six months ended November 30, 2021, despite challenges outside of management’s control, including a freak hail storm and the civil unrest in July 2021, CEO Ian Lourens says. He explains that OneLogix VDS and OneLogix Trucklogix, which form part of the largest segment contributor to the group, continue to be hamstrung by depressed storage volumes owing to global supply chain disruptions impacting on the supply and delivery of passenger and commercial vehicles.
Part Two of Zondo report focuses on State Capture at Transnet and Denel Judicial Commission of Inquiry into allegations of State Capture, Corruption and Fraud in the Public Sector Including Organs of State Report: Part II Vol. 2: DenelJudicial Commission of Inquiry into allegations of State Capture, Corruption and Fraud in the Public Sector Including Organs of State Report: Part II Vol. 1: Transnet
The second part of the three-part report of the Judicial Commission of Inquiry into Allegations of State Capture, also known as the Zondo Commission, was delivered to The Presidency at the Union Buildings, on Tuesday February 1. This volume deals with evidence of State capture, corruption and fraud at the State-owned companies of Transnet and Denel.
AMSA shuts furnace over rail troubles and grapples with pricing impacts of Russia-Ukraine conflict
Transnet’s poor performance has forced ArcelorMittal South Africa (AMSA) to shut off a blast furnace for three weeks while the steelmaker has also warned customers that the Russia-Ukraine conflict is pushing key input prices skyward. The curveballs come just a month after the group, South Africa’s primary steelmaker, posted its highest earnings in nearly 15 years, rebounding from the brink of collapse as steel markets improved and structural reforms began to bear fruit.
Comair air operation certificate restored and group phasing services back in
Comair will restart flight operations on Thursday, following the reinstatement of the group’s Air Operator’s Certificate by the South African Civil Aviation Authority (SACAA), the company stated late Wednesday night. Comair operates the British Airways in South Africa and Kulula low-cost carrier brands. “We’re pleased that the situation is finally resolved, following an immense effort over five days and nights to engage and work with the SACAA,” said Comair CEO Glenn Orsmond. “After a thorough review of Comair’s documentation, the SACAA has lifted the precautionary suspension of Comair’s licence. Our focus is now to get our operations back to normal as quickly as possible so we can further assist our customers.”
Grindrod, Vitol to invest R1.8bn in Maputo’s Matola Terminal expansion
Freight services and banking group Grindrod will spend its share of R1.8-billion to upgrade the Matola drybulk terminal at the Port of Maputo, in Mozambique. The JSE-listed Gindrod holds a 65% share in the Matola Terminal joint venture (JV), with energy and commodities group Vitol the other shareholder.
MaltaPost To Enhance Customer Experience By Adopting LogiNext’s Delivery Automation Platform
MaltaPost, a European postal network and LogiNext, a New York based logistics technology company have tied up to provide an enhanced end customer experience via a new age SaaS platform – LogiNext Mile.
How Pallet Return Delays Ripple Through Supply Chains
It’s tough to get your goods shipped when you can’t find enough pallets to move them.
Goodman Group appoints global real estate executive, Ms Hilary Spann to its Board
Goodman Group (Goodman or Group) has appointed Ms Hilary Spann, a highly experienced global real estate executive, as an Independent Director to the boards of Goodman Limited and Goodman Funds Management Limited, effective 4 April 2022.
Pick n Pay rolls out licence renewal service to more stores, at lower cost
Retailer Pick n Pay launched its new vehicle licence disc renewal service nationally on January 25. Customers can now renew their vehicle licence discs in more than 500 Pick n Pay stores across South Africa for R250 – which excludes the added courier fee of R99.99 for delivery to customers.
Sanral rolls out R90m upgrade project in the Free State
The South African National Roads Agency Limited (Sanral) says it will invest more than R90-million on a road infrastructure project in the Xhariep district municipality, in the Free State. The investment will include the upgrading of existing unsurfaced roads to surfaced roads from Springfontein to Trompsburg, says Sanral Eastern Region transformation officer James Takalo.
Online tyre retailer launched in South Africa
Multinational online tyre retailer Blackcircles has launched its service in South Africa. Following a soft launch in December, the company kicked off full promotion in early January. The company was originally founded in 2001 by UK entrepreneur Michael Welch. It was later acquired by tyre manufacturer Michelin in 2015. The online platform works in partnership with a network of more than 2 000 independent garages in the UK.
Port of Maputo achieves new handling record, new masterplan to be released
The Port of Maputo notched up a new handling record in 2021, registering 21% growth, compared with the previous year. The total volume handled in 2021 was 22.2-million tons, against the 18.3-million tons achieved in 2020.
Barloworld reports solid performance in first-quarter trading update
Diversified industrial multinational Barloworld says it continued to deliver a solid performance in the first quarter of the current financial year, bolstered by favourable results in December, particularly in the Equipment Southern Africa and the Car Rental and Leasing businesses. The results for the three months ending December 31, were further supported by sustainable cost management and healthy free cash flow generation by the group’s core operations, the company says.
Investment needed for SADC’s rail infrastructure to compete with road transport – Derby Creamer Media on February 4 hosted a webinar on Upgrading Infrastructure for Economic Growth
Rail operators in the Southern Africa Development Community region need to jointly and urgently ramp up investments into their respective rail infrastructure to enable trains to move quicker and unhindered, both within their countries and between each other, as a measure to improve trade and logistics in the region, Transnet CEO Portia Derby has said. Speaking during a webinar on Upgrading Infrastructure for Economic Growth, hosted by Creamer Media Contract Publishing on February 4, she said that, for Transnet alone, the investment required to bring South Africa’s rail network back to its design specification was “huge”.
eMobility programme commemorates first year of operation
Electric vehicle (EV) advocacy initiative the uYilo eMobility Programme has commemorated its first year as an implementing partner on the South Africa-UK Partnering for Accelerated Climate Transitions (South Africa-UK Pact) programme, specifically on the Shifting the Transport Paradigm for South Africa (Strapsa) project. South Africa-UK Pact projects support the country’s transition to a low-carbon, inclusive, climate-resilient economy and society.
Preparations under way for AfCFTA’s long implementation voyage
The processes meant to facilitate the implementation of the African Continental Free Trade Area (AfCFTA) Agreement are gaining momentum, with African countries hoping to leverage the opportunities created by the emerging single market to drive their pandemic recoveries and enhance their growth. Fifty-four of the 55 African countries have signed the agreement, with 41 countries having ratified it.
Comair grounding: Competition Commission warns airlines not to exploit passengers
South Africa’s Competition Commission has warned the country’s operating airlines against the ‘price gouging’ of passengers left stranded by the grounding of airliners operated by Comair, and so urgently seeking seats on alternative operators. Comair operates the British Airways in South Africa and Kulula low-cost carrier brands, and its Air Operator Certificate was suspended by the South African Civil Aviation Authority on Saturday. “[T]his suspension meant that significant airline seat capacity had been removed from the market and that would undoubtedly result in travellers having to scramble up the remaining tickets in higher fare buckets [sic],” said the Competition Commission in a statement released on Wednesday. “It has now emerged that there are reports and complaints of large increases in price for seats on remaining airlines some even quoting R5 000 [for a] single flight ticket from Johannesburg to Cape Town.”
TruckLabs Launches the Third Generation of its Fuel-Saving Technology, TruckWings
To meet the moment of rising fuel prices and increased focus on sustainability, TruckWings launches its Gen 3 TruckWings, including live Carbon Tracking benefiting from 500 million miles of experience and OEM engagement
New York City’s 210-220 E. 22nd Street Installs Position Imaging’s Smart Package Room
Couriers, Residents, And Staff Experience Simplified Package Pickup & Delivery
Lincoln Property Co. Begins Construction on 2.5 Million s.f. Park303 Phase 2
Following its record-breaking sale of Park303 Phase I, LPC Desert West has kicked off construction of Park303 Phase 2, bringing nearly 2.5 million square feet in three new state-of-the-art industrial buildings fronting the Loop 303 in Glendale, Ariz.