SOUTH African logistics firm Grindrod has acquired a 50% stake in Sheltam Locomotive & Railway Services, it announced on May 12. Port Elizabeth-based Sheltam owns a fleet of locos and an air charter business.
Grindrod’s Landfreight Director Laurence Stuart-Hill said ’the acquisition of a 50% stake in Sheltam not only provided Grindrod with a good investment opportunity but also a sound platform to progress any rail privatisation and concessioning opportunities in southern Africa.’
INDIA: Spain’s Ministry of Transport & Sustainable Mobility has signed a memorandum of understanding to support Indian Railways in developing and upgrading its network. The initial agreement runs for five years, when a number of pilot projects are envisaged, to be followed by automatic annual renewals. ...
UK: The annual Rail Business Awards which recognise and reward excellence across every aspect of the industry will be back in Manchester in 2025.
INTERNATIONAL: ‘Beware of trains. Life can change in a split second’ is the slogan for the 16th International Level Crossing Awareness Day, which this year has a particular emphasis on the safety of vulnerable people. Around 50 countries take part in the annual ILCAD campaign which ...
