Logistics major buys Australian perishable specialist Kuehne + Nagel has entered into an agreement to take over the specialised Australian freight forwarder Link Logistics International. The acquisition is in line with the company’s strategy to globally expand its perishable logistics activities. Zimbabwe threatens to confiscate mines without compensation Zimbabwean youth development, indigenisation and economic empowerment minister, Saviour Kasukuwere, has said the government “will not pay anything” to the mining companies it intends to seize for failing to comply with the country’s controversial indigenisation programme, according to Mining Weekly. Watch out for change on Durban terminal access road The Bayhead Road/Iran Road intersection was relocated in a northerly direction on February 1. Maersk announces new management team Following a sweeping restructuring exercise, Maersk Line has announced its new executive team. New to the management team – and Maersk Line – is Jakob Stausholm, former group CFO of the global facility provider ISS. Also new on the team is Vincent Clerc, currently responsible for Maersk Line’s Asia- Europe trade, and Bill Allen, head of Group HR. Lucas Vos continues as member of the executive team, but takes on new responsibility. COMAIR cuts routes COMAIR will suspend its Johannesburg-Nelspruit service from February 11, the airline has announced. It will also discontinue services between Johannesburg and Vilanculos, a service Federal Air will continue under its own brand.
