IMPERIAL Logistics

Imperial strengthens footprint in Africa

[Issued by IMPERIAL Logistics] Imperial Holdings Limited has acquired 49% of MDS, a leading logistics provider in Nigeria, for a cash consideration of US$26 million. All conditions precedent have been fulfilled and the transaction is therefore unconditional. The transaction gives the Imperial group entry into the logistics sector of the fast growing Nigerian FMCG, telecommunications and pharmaceutical industries. 14 May 2013 11:14

Mango ranked top LCC

Ask Africa answers Mango - Orange Index ranks airline as top low-cost airline 1 Nov 2010 08:55

Transnet shows promising growth

Figures released by Transnet on Tuesday 26 October 2010 for the six months to 30 September 2010, show a 7.6% growth in revenue to R18.7 billion. Profit for the period is up 35% to R1.7 billion, reflecting the ongoing productivity improvements throughout the business, which had a positive impact on the return on assets. Cash generated from operations increased by 13.5% to R8.7 billion, demonstrating the company's ability to generate strong and sustainable cash flows. 28 Oct 2010 09:09

Logistics reports highlight sector's economic importance

The 2010 World Bank Report Connecting to Compete: Trade Logistics in the Global Economy, rates South Africa 28th out of 155 countries on the global Logistics Performance Index (LPI), indicating an increasingly competitive sector, with the potential to outperform much larger, more established economies. 27 Oct 2010 11:50

Storage company expands operations

Cape Town based Stor-Age, reportedly the largest self-storage company in South Africa, has acquired The Storage People (TSP) in Midrand, Johannesburg through financing from Nedbank Corporate Property Finance. The deal is expected to be finalised during November 2010. 26 Oct 2010 10:47

SAPICS regional conferences offer international change management speaker

The upcoming SAPICS (The Association for Operations Management of Southern Africa) regional conferences in Cape Town and Durban, taking place in Durban on 28 October 2010 and in Cape Town on 5 November include international change management specialist Dr Sherrie Ford. 22 Oct 2010 14:03

Incoterms 2010R released

The International Chamber of Commerce has released "Incoterms 2010R: a trend towards international multi-modal transport", which has introduced two new rules, DAT (Delivered at Terminals) and DAP (Delivered at Place). 15 Oct 2010 10:11

Shipping companies face a stormy future

Despite signs of stability in world trade, the global shipping industry seems to be headed for the rocks as a result of an oversupply of new ships, low shipping rates and feeble demand for goods around the world. 21 Oct 2009 13:07

SA skies ready for 10% air traffic growth

[Julius Baumann] The Department of Transport believes it has created enough air capacity — for both cargo and passenger services — to meet growth in demand for the next 10 to 15 years. 22 Jul 2009 08:02

Recession knocks air cargo sector

[J. Krishna Kumar] Gloomy announcements in transport and energy industries raise questions over supposed 'green shoots' of recovery. 7 Jul 2009 14:09

SA shipping buoyant amid recession

[Artwell Dlamini] Coastal trade in South African waters has shrugged off the recession and seems to be the rare bright spot in the gloomy international shipping industry, a local shipping firm said last week. 30 Jun 2009 14:49

Aviation industry must brace itself for turbulence

Airspace restrictions during the Confederations Cup may affect the aviation industry's day-to-day operations, the SA Civil Aviation Authority (SACAA) said on Wednesday, 27 May 2009. 27 May 2009 14:01

Metrobus faces liquidation

[Nkosana Lekotjolo] Joburg's Metrobus is considering liquidation, and at least 1000 jobs are on the line, if the bus drivers' strike continues, the company said on Tuesday, 19 May 2009. 21 May 2009 12:06