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.’
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INTERNATIONAL: The inaugural Rail Broadcast Week will take place online from September 21 to 25 2020, hosted by the Railway Gazette Group. Supported by headline sponsor Siemens Mobility, Rail Broadcast Week offers an unrivalled opportunity to understand the opportunities and challenges facing the global railway sector ...
Rolling updates on the impact of the Covid-19 outbreak on the global railway industry.
UK: Paying tribute to the innovation, dedication and hard work that characterises the UK railway and its supply chain every single day, more than 500 guests from across the rail sector came together on February 27 for the 22nd Rail Business Awards . Organised by ...
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USA: The board of the California High-Speed Rail Authority on September 10 approved the Final Environmental Impact Statement for an 80 km section of the planned high speed railway between Merced and Fresno, known as the ‘Central Valley Wye’. The formal approval means that environmental clearance ...
