Saturday, September 21, 2024

News

DSV acquires Schenker in €14.3 Billion Deal

DSV says says it has signed an agreement to acquire Schenker from Deutsche Bahn in a transaction worth EUR 14.3 billion at enterprise value (approximately DKK 107 billion). The reach...

Transnet gets financial impetus to improve South Africa’s freight and rail sector

The New Development Bank (NDB) signed a  R5 billion loan agreement with Transnet, South Africa’s leading freight transport...

naamsa releases august 2024 new vehicle sales statistics

Reflecting on the new vehicle sales statistics naamsa | The Automotive Business Council said that the positive July...

South Africa seeks to bolster logistics investment amid challenges

South Africa remains confident that the implementation of the Freight Logistics Roadmap will enable investment in South Africa’s...

GCCA issues call to action on food supply chain resilience and boosting trade in Africa

African policy leaders must support robust growth in the cold chain for the success of the African Continental...

Engen, Vivo Energy complete merger creating African energy behemoth

Engen and Vivo Energy are pleased to announce the completion of the transaction to combine their respective businesses, with...

Kenya, US sign huge highway construction deal

Instruction of Kenya’s Nairobi-Mombasa expressway also known as Usahihi Expressway has received financial impetus with the signing of a...

New special economic zone area opened in Durban

The second area of the Special Economic Zone (SEZ) adjacent to the King Shaka International Airport has been opened...

Beumer showcases the future of dark warehouse operations

BEUMER Group shared its vision of dark warehouse operations at LogiMAT 2024 which took place in March. As a...

Here is the simple method hackers use to attack organisations

During an attack  on Uber’s IT systems in 2022, the hackers did not use any sophisticated tactics to gain...

Tanzania seeks partners for its $40B LNG project, gas prospects

With estimated recoverable gas resources of around 57 trillion cubic feet (tcf), Tanzania will feature as part of an...

Kenya, Netherland sign MoU on Cool-Logistics Corridor

Kenya has signed a Memorandum of Understanding with the Kingdom of the Netherlands to develop a cool-logistics corridor a...

Kenya Airways, Virgin Atlantic unveil strategic codeshare partnership

Kenya Airways and Virgin Atlantic, both esteemed members of the SkyTeam Airline Alliance, are pleased to unveil a strategic...

Pharma.Aero and IATA Collaborate to Strengthen IATA CEIV Pharma Program

iATA and the global collaborative platform Pharma.Aero have joined forces to strengthen IATA’s Certification for the Excellence in Pharmaceutical...

CtrlFleet Acquires Fleetbeacon: A New Era in Transport Management Software

CtrlFleet a leading provider of transport management software, has announced its acquisition of Fleetbeacon, a renowned fleet management automation...

Yamaha Motor unveils Last Mile Delivery company in Tanzania

Yamaha Motor Group Company has established a new company, CourieMate Tanzania, to conduct last mile delivery services in Tanzania,...

The rail projects that will revolutionize transport in Africa

Africa is a continent to watch as far as infrastructure development is concerned. With huge natural resources, Infrastructure remains...

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