Latest News & Developments
logistics
Rangel Logistics Solutions invests R125 million in SA’s warehouse to boost AfCFTA trade
Portugal-based Rangel Logistics Solutions has announced a R125. 6 million investment in a new warehouse facility near OR Tambo International Airport, creating 160 jobs and strengthening African trade corridors. The investment forms part of the company's strategy to facilitate trade under the AfCFTA agreement and expand its presence across the Southern African Development Community
Transnet paves the way for Port of Durban expansion and new access routes
Transnet National Ports Authority is set to enhance the Port of Durban with a R3. 2 billion investment in road infrastructure aimed at reducing truck congestion and improving operational efficiency
Super Group faces challenges in Europe: InTime business sale announced
Super Group announces the sale of its InTime courier business in Europe following a significant revenue decline, while aiming for improved earnings in the second half of the year.
Government takes bold steps to revitalise the logistics as World Bank highlights inclusive growth
The South African government announces ambitious plans to revolutionise the logistics sector, backed by World Bank support, with key focus on rail infrastructure and private sector participation. Transport Minister Barbara Creecy outlines strategic reforms aimed at moving 250 million tonnes of freight by 2030.
Transnet strengthens leadership with new executive appointments
Transnet, South Africa's state-owned rail and logistics giant, makes strategic leadership appointments to drive transformation and operational excellence.
Transnet Port Terminals unveils R3. 4bn investment to upgrade Durban Container Terminals
Transnet Port Terminals announces a significant investment in new cargo handling equipment for the Durban Container Terminals, aiming to enhance operational efficiency and address backlog issues.
Plan to end port congestion woes
Transnet faced major challenges last year with truck congestion and container backlogs at the Port of Durban severely impacting the economy.
How Ndiambani Magadgela went all out for electric vehicles in the middle of a Covid-19 and load shedding storm
When Ndiambani Magadgela left a top job at a financial services company and started an electric vehicle leasing business along with her co-founders, she wanted to test the market for electric cars in the country.
Gauteng Transport MEC pleased as talks resume over Gautrain wage strike
Gauteng's MEC for Transport and Logistics, Kedibone Diale-Tlabela, has expressed approval of the Bombela Operating Company and the National Union of Metalworkers of South Africa (Numsa) returning to negotiations amid the ongoing wage increase strike.
SG Convenience employees strike, call for equal pay
About 600 employees across the country have been protesting since Monday as they call for a 15% salary increase and a better working environment.
Lost crude oil cargo costs Porto Shipping billions in settlement claim
Porto, which had had the matter dismissed with costs by the Durban High Court on Friday, had brought an appeal that the ownership of the New Endeavour could not be ascribed to it.
Chikunga says reforms at Transnet will improve performance
Minister of Transport Sindi Chikunga said they are implementing reforms at Transnet.
Deputy Minister Obed Bapela says Transnet is turning the corner
Deputy Minister of Public Enterprises Obed Bapela said they are addressing challenges at Transnet.
National Treasury says electricity, logistics challenges stifle growth
National Treasury senior official Edgar Sishi said weak investments, lack of electricity supply and poor performance in the freight logistics sector have led to weak economic growth.
Ntshavheni says Sasol, Transnet deal will turn around freight logistics sector
Minister in the Presidency Khumbudzo Ntshavheni said the partnership between Sasol and Transnet Freight Rail was the first of its kind.
Sasol throws five-year lifeline to Transnet to keep bulk chemicals fleet moving
Sasol has thrown Transnet Freight Rail (TFR) a five-year lifeline to ensure the survival of the freight rail sector in moving bulk chemicals to a number of companies within the mining, agricultural, and manufacturing industries.
Michelle Phillips is the new Transnet CEO, Gordhan announces
Minister of Public Enterprises Pravin Gordhan said since Michelle Phillips has been acting in the position there has been improvement in the performance of the company.
Premier says they will build new palace for King Misuzulu
Premier Nomusa Dube-Ncube said they are finalising plans to build a new palace for the Zulu monarch.
Super Group’s share price falls after predicting lower interim earnings
Super Group’s share price plunged more than 8% yesterday on the JSE after the global logistics and supply chain group predicted that headline earnings per share would fall 16. 2% for the six months to December 31.
ANC Eastern Cape chairperson Oscar Mabuyane wants investments into the province
ANC Eastern Cape provincial chairperson Oscar Mabuyane said they need to expand transmission lines in his province.
Ramaphosa’s Sona promises. . . how has the president performed on his promises?
President Cyril Ramaphosa has made broad promises since he took office in 2018. How has he performed on the promises to date?
Sona 2024: Ramaphosa under pressure over last year’s Sona promises
Political parties have called on President Cyril Ramaphosa to fix the ailing economy, crack down on violent crime and fix hospitals and clinics.
Ramaphosa believes Transnet is on road to recovery
President Cyril Ramaphosa said they want to see more companies exporting their goods to the rest of Africa.
Transnet has lost thousands of kilometres of railway tracks
Minister of Public Enterprises Pravin Gordhan said since 1994 Transnet has been losing thousands of kilometres of railway tracks.
Richards Bay Coal Terminal unlikely to significantly increase capacity
Richards Bay Coal Terminal handles coal shipments from Thungela, Optimum Coal Terminal, Umcebo Mining and Glencore, among others, has design capacity of 91 million tons on a 32 trains a day basis, but is managing nearly half this.