Chief Financial Officers (CFOs) not only have a serious fiduciary duty to themselves as individuals, but they also have a responsibility to their employer to ensure that every step of every financial process is in order and above board. The consequences of financial mismanagement are multiple – again, individually as […]
Three suspects aged between 41 and 51 were nailed in the afternoon of Tuesday, 19 September 2023 around 16h00 on the N4 Road in Middleburg policing precinct after being cornered with a truck transporting reportedly stolen railway track valued at about R3 million. Police in the Province are working hard […]
The SA Army Combat Training Centre in Lohatla, the Land of Diesel and Dust, received the repaired and functional SA Army Prime Mission Equipment from the Department of Defence Mobilisation Centre in De Brug. This was done in preparation for Exercise VUK’UHLOME II, which will be held in November 2023 […]
DURBAN, SOUTH AFRICA, 13 September 2023, Transnet Freight Rail (“TFR”) is successfully spearheading a seamless train operation between South Africa and Mozambique running on the North-East corridor, actively collaborating with Portos e Caminhos de Ferro de Moçambique (“CFM”). In April this year, TFR engaged CFM to introduce the seamless train […]
Tonight, the cost of diesel for transporters will increase by R2,76 for 500ppm (R2,84 for 50ppm). That will raise inland pump prices to R23,05 and R23,28 respectively. The price of both grades of petrol – 93 and 95 – will increase by R1,71 cents per litre. The Central Energy Fund […]
The Ctrack Transport and Freight Index (Ctrack TFI) retreated further in July 2023 to an index level of 120.8, the lowest since March (120.5). This represents a decrease of 1,2% during the month of July. This second consecutive monthly contraction confirms the loss of momentum in the logistics sector. In […]
Disruption has become the norm in today’s global supply chains with various challenges impacting the efficiency and reliability of logistical operations. South African organisations must embrace a proactive mindset and develop robust strategies to deal effectively with disruption in this ever-evolving landscape. The logistics industry is no stranger to disruptive […]
As competitive qualities like an agile supply chain, and greener more automated ways of doing business take hold in the logistics industry, so companies continue to clamour to gain market share. Here are the season’s logistics trends in brief, writes Charles Edelstein of Executive Placements. Focus on agility If your […]
logistics company now uses electric tricycles for deliveries to private homes and companies located on the islands of Rab and Lošinj. These vehicles have a low-noise but high-performance electric motor and are easy to maneuver, which makes them perfect for deliveries in small towns, tourist resorts and national parks – […]
After reaching its highest index level on record at a revised 122.6 in May, the Ctrack Transport and Freight Index (Ctrack TFI) declined by 0,5% in June 2023 to 122.0. This is the first monthly contraction in six months and signals the loss of momentum in the logistics sector. In […]
