FTW ONLINE - LAST WEEK'S TOP STORIES

FedEx announces strategic acquisition FedEx Corp has completed the first stage of a strategic acquisition by signing agreements to acquire the businesses operated by its current service provider Supaswift in South Africa and four other countries. Massive freight load en route from Jo’burg to Namibia One of the largest freight loads ever carried by road in southern Africa is making its way from Johannesburg to the heart of Namibia where the giant trucks will be assembled to work on the country’s largest uranium mine. Major line confirms containership fire – no injuries Maersk Line has confirmed that one of its largest containerships – the 397-metre, 11 000- TEU Eugen Maersk – caught fire on Tuesday. Brace yourself for petrol price hike A weaker rand and higher international product prices are likely to push the Gauteng retail petrol price up by 81 cents a litre (c/l) in July. Airline fined US$1.5 million for cargo price fixing Cathay Pacific Airlines was fined U$1.5 million for its participation in a price-fixing scheme.