Last Week's Top Stories on FTW Online

Only 50% of shippers
outsource transport
Around R270 billion
is spent annually on
outsourcing of transport
and logistics services in
South Africa. But chief
business development and
strategy officer at Imperial
Logistics, Cobus Rossouw,
believes this figure could
be doubled.
New container line to
take to the seas
The SM Line, formally
launched last week by the
South Korean construction
company Samra Midas
(SM) Group, intends to
acquire 12 container ships
in the first half of this year
and start its liner business
in March.
Line slaps on
unexplained levy
Japanese shipping line
MOL has announced it will
levy a general rate increase
(GRI) on all cargo moving
from Asia to Mexico and
the West Coast South
America.
Driving simulators
to be introduced in
next financial year
The Road Traffic
Infringement Agency
(RTIA) is to implement a
driving programme that
will ensure learner drivers
are given the opportunity
to develop and enhance
their driving skills.
Fuel prices to take
another leap in
February – AA
Based on the unaudited
mid-month fuel price data
released by the Central
Energy Fund (CEF), the
Automobile Association
(AA) has predicted
another hefty hike in
fuel prices on the first
Wednesday of next month
(Feb 1).
Success of agrisector
impacts
success of economy
Former finance minister
Nhlanhla Nene has urged
policy makers to focus on
agriculture to boost the
country’s ailing economy.