LAST WEEK'S TOP STORIES ON FTW ONLINE

Capespan Fruit CEO resigns Capespan Fruit CEO Louis Kriel will be leaving the Capespan Group at the end of June. Logistics’ profit margins just reaching pre-recession level Leading logistics companies’ profit margins are just reaching pre-recession levels while revenues have grown by more than 7%, according to Transport Intelligence’s Global Transport and Logistics Financial Analysis 2013 report. DoT ‘taken aback’ by church stand on e-tolling The Ministry of Transport has taken note of the stance by the Southern Africa Catholic Bishops’ Conference regarding its criticism of the e-tolling project in Gauteng. “While we are taken aback by their position, the Department remains committed to meeting with stakeholders, including the religious community, to clarify its intentions regarding the introduction of e-tolling in Gauteng. World’s no 1 line forced to further streamline costs AP Moeller-Maersk will be forced to prolong cost cuts at the world’s biggest container line as a policy of capacity restraint fails to lift shipping rates, chief executive officer Nils Smedegaard Andersen told Bloomberg News. Israel: Government plans to use army to break any port strike In Israel, Haifa and Ashdod port workers are expected to strike in protest against the intention to build a new private port to compete with these two state-run ports, according to a number of international press reports. Home Affairs to start issuing ID smart cards from July Green, bar-coded identity books will be replaced with identity smart cards from July, Home Affairs Minister Naledi Pandor said.