Logistics & Transport

Wednesday, 10 April 2019 12:28

Transport Sector Retirement Fund invests in collaborative partnership with Hollard to recognise trucking excellence

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Television presenter, MacFarlane Moleli with TSRF representatives, Ntokozo Mabusela and Mandla Nkosi, at the official launch of the 2019 Hollard Highway Heroes competition in Johannesburg.

 The Transport Sector Retirement Fund (TSRF) today announced its support of the 2019 Hollard Highway Heroes competition to search for South Africa’s best truck driver. The TSRF was represented by Mandla Nkosi, a member of the Fund’s board of trustees, at the official launch of the Highway Heroes competition in Johannesburg.  

“The TSRF is proud to be associated with this initiative to recognise South Africa’s best truck driver and we encourage our employers and members to enter the competition and show the country the grit, determination, professionalism and commitment with which our truckers tackle their jobs,” said Nkosi at the launch.

“This initiative will help elevate the good standing of the trucking industry, whilst building capacity, promoting road safety and recognising individual excellence.”

TSRF is committed to responsible investment for the benefit of our members

The TSRF is acutely aware of the occupational demands placed on its members in the transport industry.The Fund provides retirement savings for 70 000 members from 3000 employers earning their bread and butter in this industry.

“The majority of our members, at least 70%, are truck drivers, transporting goods on our country’s road networks,” said Joe Letswalo, the Transport Sector Retirement Fund’s principal officer.“We are keenly aware of the numerous challenges our members face on a daily basis to earn their living. In this regard, the TSRF is committed to responsible investment to not only help grow our members’ retirement benefits (and death- and disability cover), but to also help ensure their well-being and safety while they are still gainfully employed.”

Truck crashes cost the transport industry up to R 18-billion annually and have a devastating effect on individuals, their families, transport operators, aligned industries and indeed the whole country.

“Four years ago, we determined that good-quality truck stops are sorely lacking along SA’s major transport nodes, and given that a major cause of road accidents is driver fatigue, we launched a strategy to ensure that our members, and indeed the broader transport community, would have transport facilities to park and sleep safely,” explained Letswalo.

The TSRF entered into a 50/50 joint venture with the Deysel Family’s Highway Group to expand the Harrismith Highway Junction Truck Stop into a multi-brand, high-end park and sleep facility providing auxiliary services to truckers which include restaurants, primary healthcare and recreational facilities, warehouse space and a vehicle service station (workshop). The Highway Junction Truck Stop is now the biggest and busiest facility of its kind in Africa.

Following its success, the TSRF is in the process of developing similar hubs along major routes throughout the country. Sites have already been earmarked near Cape Town, East London, Colesberg and Musina for project completion during 2020-21.

“Our investment in truck stops brought us closer to our members and provided a keen understanding of the challenges they face. In this regard, their safety is always top of mind. In an attempt to facilitate the sharing of knowledge and enhancing overall road safety, the TSRF entered into a partnership with Arrive Alive to support the transport sector through pro-active measures to mitigate the risks our members face daily whilst performing their duties,” continued Letswalo.

This partnership brought the TSRF to Hollard Highway Heroes Competition.

Hollard Highway Heroes Competition – searching for South Africa’s best truck driver 

For the first time since the inception of the competition in 2015, the Hollard Specialist Insurance Company, Hollard Trucking (this year) opened its Highway Heroes competition to all truck drivers in South Africa, affording the Transport Sector Retirement Fund and other partners the opportunity to come on board to recognise trucking excellence.

For the duration of the competition, the driving behaviour of entrants in the competition will be closely monitored by the Hollard Trucking Bureau through the utilisation of fleet tracking technology. Through careful monitoring, a pro-active driver-centric approach is followed to manage risk from speeding to fatigue, harsh braking patterns and other high-risk alarms to ultimately improve driver decision-making and actions. 

“The TSRF is committed to help the transport sector to move towards better futures. In this endeavour, we are convinced that initiatives such as the Hollard Highway Heroes competition will go a long way to encourage skills development and excellence in the industry, which in turn will bring about systemic change and improved safety standards, lowering individual risks and help to make our country’s roads safer for all,” said Letswalo.

“Every day, on the roads, our members carry the responsibility of not only keeping themselves safe, but to also safely transport the goods entrusted in their care, ensuring their employers’ assets are protected, and their fellow road users are considered. Our truckers keep the country’s economy moving forward and this competition helps to recognise the key strategic role they fulfil.”

Entries to the competition are now open and will close on 31 May 2019. Thereafter drivers will be monitored until 31 July when the top 50 drivers will be chosen and monitored again for a further 45 days. The winner will be announced on 14 November 2019 and will walk away with R 100 000.00 in prize money. 

Transport Sector Retirement Fund

Based in South Africa, the Transport Sector Retirement Fund (TSRF) provides its members (from across the transport sector) the means to save for a comfortable retirement and also gives them access to risk benefits, including death-, funeral- and disability benefits. The TSRF was formerly known as the Road Freight and Logistics Industry Provident Fund. The TSRF is a non-aligned, standalone fund whose shareholders are its members. The fund has about 70 000 members with the majority (70%) of members being truck drivers working in one of the many sectors in the transport industry.

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