Grindrod warning of sharp earnings drop

According to a Times Live report, shipping and logistics company Grindrod has warned shareholders that its earnings per share are likely to be down by between 35% and 45% for the 12-month period ending on 31 December. 13 Jan 2012 16:17

Transnet to get 43 locos from GE

Public Enterprises Minister, Malusi Gigaba, has approved Transnet's purchase of an additional 43 C30ACi diesel-electric locomotives from GE's local arm, General Electric South Africa Technologies (GESAT). Brian Molefe, Transnet Group chief executive and Jay Ireland, chief executive - Africa for GE Transportation, marked the signing of the agreement at Transnet Rail Engineering's (TRE) manufacturing facility in Koedoespoort. 11 Jan 2012 10:22

Petrol price to drop 5c-6c per litre

The retail price of petrol 93 ULP & LRP will drop by 6 cents per litre while the retail price of petrol 95 ULP & LRP will fall by 5c per litre on Wednesday next week, the department of energy said on Thursday. 30 Dec 2011 08:01

More staff, longer hours for ports of entry

The Department of Home Affairs has extended operating hours at some of the country's ports of entry to make the holiday season travelling a little easier. 20 Dec 2011 11:22

Berco Express sold to Aramex

The Dubai based group Aramex has announced its 100% acquisition of Berco Express, one of South Africa's leading logistics and transportation companies, established in 1992 by Bernard Cox, as part of the Berco Group. 13 Dec 2011 09:41

IMPERIAL Logistics

IMPERIAL Logistics provides 40,000 meals

170 IMPERIAL Logistics employees, in partnership with global non-profit organisation, Stop Hunger Now last week packed 40,000 meals for distribution to early childhood development centres in and around the Group's Germiston-based Head Office. 6 Dec 2011 11:48

Cost of SA exports to rise on EU shipping tax

Exports to the European Union (EU) are set to become more expensive when proposals to introduce a shipping tax next year are adopted by the bloc, trade policy analyst Peter Draper said earlier this week. 30 Nov 2011 10:35

IMPERIAL Logistics

Who will pay the price of carbon tax?

Over and above assessing the direct carbon tax cost in South Africa once the verdict is published by National Treasury in February 2012, the country must count the indirect cost of the tax on the competitiveness of its logistics and supply chain sector and the impact that it will have on consumers and end-users. 29 Nov 2011 11:26

Coastal railway mooted for E-Cape

[Thando Cezula] The upgrading of the Eastern Cape's Kei Rail network to allow trains to travel between Durban and Cape Town is set to begin by 2016. 29 Nov 2011 11:23

Three-way tussle for Capespan

The battle for outright control of Capespan, the Cape Town-based fruit exporter and logistics group, has seen a new twist. 25 Nov 2011 15:16

SA must become energy efficient

South Africa needs to become more energy efficient if it is to meet industrialisation pressures. So says Ompie Aphane, deputy director general for electricity, nuclear and clean energy at the Department of Energy. 22 Nov 2011 11:53

Sanral may not be able to pay its debts

Fin24.com says that the South African National Roads Agency Limited (Sanral) may not be able to pay its debts if the toll road system does not go ahead in February as planned. 15 Nov 2011 10:56

SA wine industry under pressure

Engineering News reports that the decline in South African wine exports might cause the industry to contract, which will, in turn, result in jobs losses and less income to reinvest in wineries, vineyards and marketing. 15 Nov 2011 10:05

Greener public transport for Durban by 2015

A few years from now, says IOL, Durban's public transport could be transformed into a more reliable and climate-friendly system. The eThekwini Municipality hopes to have public vehicle fleets running from all suburban areas to places of employment by 2015. 14 Nov 2011 13:05