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Transnet rails cargo to reduce Richards Bay port congestion
Transnet Freight Rail (TFR) has ramped up from 21 to 28 the number of GF-class coal trains moving cargo to the Port of Richards Bay every week, the rail division announced on Thursday. TFR said it had increased the number of trains hauling
Eskom reaches significant milestone in curbing load-shedding
Minister in the Presidency for Electricity, Dr Kgosientsho Ramokgopa, says the end of load shedding is within touching distance. This comes after Eskom achieved an Energy Availability Factor (EAF) of 65.5% on Wednesday. In a post on
R2.1 billion stolen from Transnet during State Capture - Gordhan
Transnet has managed to recover R1.6 billion of R2.1 billion lost to corruption under the State Capture presidency of disgraced former ANC leader Jacob Zuma, Public Enterprises minister Pravin Gordhan has told Parliament. Responding to a wr
Angola confirms plans to link rail corridors
Angolas Minister of Transport, Ricardo D'Abreu, has reaffirmed the Angolan government's intention to link the country's three national rail corridors. These include the Northern Corridor across the provinces of Luanda, Cuanza-Norte and Mala
Biofuels load ushers in bunker milestone
South America has recorded a sustainability milestone for the maritime industry after US bulk carrier Infinity Sky stopped at the Port of Callao to take on a biofuels consignment. The standard-setting bunker load represents the first scalab
Air cargo sector continues to soar
Global air cargo markets are showing strong annual growth in demand, as shown by the latest data released by Iata. Iatas latest report on air cargo growth for March 2024 showed that total global demand, measured in cargo tonne-kilometres (C
Ocean-air spillover demand increases but balancing act lies ahead
Conflict in the Red Sea that has resulted in significant disruption of sea trade through the Suez Canal showed signs of easing in April but spill-over volume growth in airfreight continued for the fourth straight month as global demand increased b
OBITUARY: SA's business community mourns the passing of a giant
Dr Sam Motsuenyane, who has been widely hailed as a pioneering force in business and whose lifes work significantly shaped the landscape of entrepreneurship and empowerment in South Africa, passed away on Wednesday, aged 97. Dr Motsuenyane
Container line reliability improves
Commercial shipping lines appear to have stabilised services during disruptions in the Red Sea region, with major container carriers showing the first improvement in schedule reliability in five months. This is according to the latest Globa