Two logistics
heavyweights
announce merger
FedEx Corporation (FedEx)
and TNT Express have
jointly announced FedEx’s
acquisition of TNT Express
for ¤4.4 billion.
Meet us halfway,
Peters asks trucking
industry
Sharp losses in the rand,
dwindling investor
confidence, low economic
growth, rising interest rates
and labour costs amidst a
host of excessive taxes and
exorbitant fines are putting
the road freight industry
under extreme pressure.
New R100-million
tomato processing
plant
Monday, May 23, saw the
launch of a R100-million
Dürsots and All Joy
tomato processing plant in
Modjadjiskloof, Limpopo,
a move that dovetails with
the department of trade and
industry’s focus on growing
the agro-processing sector
as part of the new Industrial
Policy Action Plan.
Thieves use 3D
printers to replicate
cargo container seals
Supply chains could be put
at increased risk of theft as
thieves have learned to use
3D printers to replicate the
security devices used to seal
cargo containers, according
to British-owned global
security company, G4S.
Davies in hot water
over steel price
increases
Opposition MPs have
accused Trade and Industry
Minister, Dr Rob Davies,
of turning a blind eye
to repeated steel price
increases and demanded
that he be called to explain
government’s inaction.
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