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R1.1 Billion funding for GE locos

Transnet has concluded a loan agreement with Nedbank for R1.1 Billion to fund 53 diesel locomotives being built by General Electric. The loan comes with a guarantee from Ex-Im, a United States government-owned export credit agency. Brian Molefe,...
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Global launch of new UD trucks product range

The global launch of the UD Trucks Corporation of Japan all-new extra heavy truck range, the Quester, took place in Thailand.  Designed and developed specifically with the world’s fast-growing regions in mind, the Quester range is expected to be...