THE STORY OF TFN By STEVIE FERREIRA Managing Director & Chairman for the Renati Group In 2006 I realised that there was an opportunity to create a more modern on-road service product for the transport industry, out of which TFN was born. Oil majors, who controlled the market at that time, did nothing new and …
TRUCKFUELNET AND STANDARD BANK SET TO DISRUPT THE SOUTH AFRICAN MARKET Two of South Africa’s biggest players in the freight logistics market have gone into partnership to produce a new digital solution that is set to dramatically impact the long haul industry in Southern Africa. The collaboration between Standard Bank Fleet Management and TruckFuelNet (TFN) will bring together real …
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DIESEL QUALITY IN SOUTH AFRICA By Greg Salzwedel New Business Development for the Renati Group Following on my recent article on the various components that are combined to determine the regulated wholesale list price (WSLP) for diesel in any particular fuel zone within South Africa, this communication will explain how pricing changes to diesel are tracked on …
DIESEL QUALITY IN SOUTH AFRICA By Greg Salzwedel New Business Development for the Renati Group The recent unprecedented escalation in fuel prices has placed tremendous pressure on transporters and other intensive diesel users in the country. Fuel costs now account for 50% – 60% of a transporters cost base, and escalating diesel costs have significantly reduced …
CHANGING CLIMATE IN THE FUEL INDUSTRY By Marnus de Vries Head of Business Efficiency and Communications at TFN Economic models reflect that the volatility in oil prices triggered macroeconomic aggregates like inflation. The slight recovery in price seen in September has not had a positive impact on macroeconomic factors yet. Experts say it would take …