25 Jun 2013

Logistics

Madiba critical but comfortable

The news is topped right now, quite rightly, by reports around Nelson Mandela's health status, which is reported to be critical, but his medical team is ensuring he is as comfortable as possible.

If you're cohabiting, you may need to cough up in the event of an insurance claim... apparently, unmarried couples who live together or keep their possessions at their partner's residence face an increased risk of insurance claim rejections for personal belongings if they fail to fully disclose their living situation to their insurers.

Ouch! The Competition Commission has reached a settlement with 15 construction firms, who have agreed to pay fines to the tune of R1.46bn for collusive tendering. When will these people learn?

Some good news at last! A South African team has won a top supercomputing award, scooping overall top honours at the International Student Cluster Challenge held in Leipzig, Germany, recently.

Finally... look! Have you created or updated your MyBiz Profile on Bizcommunity yet. If not, what are you waiting for... It's so simple and you will put yourself in the running to win a fantastic GoPro camera and accessories worth over R6,000! Go on... get to it!

Rod Baker, Content Director

Submit your company news to logisticsnews@bizcommunity.com. Exclusive contributions may be sent to contributors-logistics@bizcommunity.com.

Weekly top stories

CSIR logistics survey warns of problems for SA
The Council for Scientific and Industrial Research (CSIR) has released its annual South Africa's state of logistics survey and it reveals that contribution of transport costs to overall logistics costs in 2012 is pinned at 61%, the highest it has been in the past nine years and far higher than the global average. Read more >>
Labour negotiations on-going: SAA
GoPro reader competition: don't forget to create/update your MyBiz Profile!
[Issued by Bizcommunity.com]

Logistics
SA needs supply chain risk strategy - Orlin
Foreign-produced goods are increasingly in demand by South African companies. To mitigate the risk of supply chain disruptions, it is critical that local businesses develop a comprehensive importing strategy. Read more >>



GoPro reader competition: don't forget to create/update your MyBiz Profile!
[Issued by Bizcommunity.com] There's only one week left to create or update your MyBiz Profile on Bizcommunity and stand a chance to WIN an awesome GoPro camera and accessories worth over R6000! Entries close 30 June 2013, and the winner will be picked via a lucky draw and announced on 1 July on Biz, Facebook and Twitter. Read more >>  visit press office >>


Aviation
Labour negotiations on-going: SAA
South African Airways (SAA) is currently working on wage negotiations with recognised labour unions, contrary to media reports that strike action is on the horizon, said the airline. Read more >>

Etihad airways scoops multiple Skytrax Awards
For the second year running, Skytrax World Airline Awards' First Class category has been dominated by Etihad Airways, with the airline winning all three awards in the category. Read more >>

New multi-million Rand Airbus contract to boost SA industry
Denel Aerostructures (DAe) has been awarded a third multi-million Rand contract to manufacture critical parts for the Airbus A400M strategic airlifter. Read more >>


Distribution
Franchise sales up 16.8% for Famous Brands
Famous Brands has reported that its franchise sales increased 16.8% in the March to May quarter with a 16% improvement in South Africa and a 27.2% improvement in the rest of Africa region. Read more >>

Aspen's offer for GSK's thrombosis drugs
[Tamar Kahn] SA's biggest generic drug manufacturer Aspen Pharmacare has offered to buy GlaxoSmithKline's thrombosis drugs and their associated manufacturing site‚ in a potential deal which it says could generate turnover of £300m a year. Read more >>


Railway
Officials to meet over Transnet tenders
[Nicky Smith] The Department of Trade and Industry has called for a meeting of top government officials after almost a year of tireless lobbying by specialised spring manufacturer Springmaster over the role state-owned Transnet Engineering (TE) has been playing in the rail engineering sector. Read more >>

Bombela got R831m from Gauteng
[Linda Ensor] The Gauteng provincial government had paid R831m to the Bombela consortium up to the end of March in terms of 10 ridership guarantees for the Gautrain‚ Transport Minister Ben Martins said in Parliament on Tuesday (18 June). Read more >>


Shipping
Trencor is staying afloat
[Marc Hasenfuss] Investors might be wondering whether to contain their enthusiasm for Trencor after some downbeat comments lately. Read more >>


Transport
Toll money will stay in SA says Mona
After a 64% fall in earnings before interest and tax to €15,3m, shareholders in Austrian company Kapsch TrafficCom were given some relief when executive director Andre Laux told them on 11 June that the company expected a €50m (R660m) revenue boost from its SA joint venture. Read more >>

Brakpan commuters stranded by bus strike
Thousands of bus passengers in Ekurhuleni townships have been stranded for three weeks after workers of a major bus company went on strike, demanding the same pay as other drivers get in the Gauteng region. Read more >>

Sasol's testimony to US House of Representatives
Sasol's senior group executive for global chemicals and North American operations André de Ruyter testified on Thursday (20 June) before a joint hearing of the US House of Representatives Subcommittee on Energy and Power and the Subcommittee on Commerce‚ Manufacturing‚ and Trade on the benefits of Sasol's US projects for the manufacturing and energy sectors Read more >>


International

Chrysler will now recall 2.7m vehicles
WASHINGTON, USA: Chrysler announced on Tuesday (18 June) that it would bow to the US safety regulator's pressure to recall 2.7 million Jeep Liberty and Grand Cherokee models over a fire risk that caused dozens of deaths. Read more >>

Shipping companies join forces
PARIS, FRANCE: Three of the world's major shipping companies announced an alliance on three crucial routes on Tuesday (18 June) in a strategy to counteract over-capacity and declining demand for transportation by ship. Read more >>


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