Rotterdam company acquires major share of local logistics major The privately owned global logistics and warehousing company C. Steinweg – Handelsveem BV (C. Steinweg) has entered into an agreement to acquire a majority interest in South African logistics company Bridge Shipping. Transnet slaps vehicle access ban on Port of Cape Town Despite complaints from customers, and supported by terminal management themselves, Transnet has slapped a ban on all vehicular traffic accessing the agri, ro-ro and multipurpose terminal at the Port of Cape Town, reports the SA Association of Freight Forwarders (Saaff) in the Cape. Olympic gear import deal criticised “In light of the fact that local manufacturers require the support of all local procurement agents to build the economies of scale needed to grow and create the much-needed decent jobs in these labour intensive sectors, the dti has registered profound disappointment that the South African Sports Confederation and Olympic Committee (Sascoc) has decided to procure the country’s national team kits for the Olympics to be held in London later this year, from imports. This is despite competitive capabilities available amongst domestic manufacturers and represents a lost opportunity in terms of domestic sales and jobs,” a Department of Trade and Industry spokesman said. Sanral and DA present their cases to Consumer Commission The outcome of a conciliation meeting regarding alleged unfair Gauteng e-toll terms and conditions will be known in 14 days. New investor for low cost airline – as it eyes more routes in Africa 1Time Airline has confirmed that it is in talks with a major international investor looking to buy into the low-cost carrier.
