Sluggish demand causes Chinese exports to stay low
Sluggish demand causes Chinese exports to stay low The shipping industry in China and Southeast Asia is facing a challenging period, with dropping container rates and weak demand caused by global inflation and restricted demand. The long-term forecast for the shipping industry is uncertain, with low consumer demand in northern Europe and slow market pickup […]
Big fuel price hike expected in March
Big fuel price hike expected in March A higher global oil price and a weaker rand could lead to yet another fuel price increase in March, economists have warned. Bureau for Economic Research (BER) economists flagged the likelihood of rising fuel prices on Monday, noting that a move by Russia to cut oil production in […]
Ramaphosa’s investment czar says South African infrastructure in dire state
Ramaphosa’s investment czar says South African infrastructure in dire state The head of South African President Cyril Ramaphosa’s infrastructure and investment office warned that the nation’s power, rail and water reticulation systems are in a dire state and that fixing them will take years even if immediate action is taken. In a paper entitled South […]
In 2023, supply chains must anticipate disruptions and have processes to manage them
In 2023, supply chains must anticipate disruptions and have processes to manage them The disruption of the last two and a half years has demonstrated that traditional and historic supply chain processes are insufficient. Companies have increasingly discovered that their current practices were unable to keep up with the constantly changing environment and new challenges. […]
Air Cargo Industry ended 2022 with ‘glass half full’
Air Cargo Industry ended 2022 with ‘glass half full’ According to weekly market analysis by CLIVE Data Services, part of Xeneta, a turbulent 2022 for the global air cargo market ended in December with a ‘win/win’ outcome for airlines, forwarders, and shippers as chargeable weight fell -8% year on year and the general airfreight spot […]
6 Tips for reducing Logistics Costs
How to reduce your logistics in South Africa
Digital platform aims to improve SADC rail efficiency
Digital platform aims to improve SADC rail efficiency A substantial percentage of all rail wagons in South Africa are empty when moving between destinations. In the Southern African Development Community (SADC) region, only a small percentage of rail capacity is being fully used. That is a huge amount of wasted and expensive space, says South […]
Africa Well Placed To Take Advantage Of Demand
Africa Well Placed To Take Advantage Of Demand According to Simon Flowers, chairman and chief analyst at Wood Mackenzie, the protracted energy crisis has highlighted the global economy’s reliance on fossil fuels. “Much has happened in the global economy over the past 12 months. Oil prices have all but doubled and gas prices in Europe […]
Container Shipping Rates Still Sinking With No Sign Yet Of Market Floor
Container Shipping Rates Still Sinking With No Sign Yet Of Market Floor As the year draws to a close, and ongoing declines in the Asia East Coast lane – as well as weakness in other trades such as Asia-North Europe – global composite indexes are continuing to sink. So much for the assumption that container […]
Transport Forum highlights need for multimodal logistics to remain competitive
Transport Forum highlights need for multimodal logistics to remain competitive Freight, logistics and transport industry experts have called for the restoration of South Africa‘s roads network, the restoration and development of the rail network and efficient ports and border posts, arguing that the country can only remain competitive if its logistics networks and supply chains […]
Transnet Boost Local Manufacturing Capacity
Transnet Boost Local Manufacturing Capacity It’s peak season and everything will be arriving for December’s shopping influx, paired with that, it is also Black Friday month, so there will be a mad rush all around. With Transnet slowly getting back to normal and having their normal workforce back at work, MSC shipping line won a […]
No Peak Season In Sight For Air Freight Industry
No Peak Season In Sight For Air Freight Industry According to new weekly market data from industry analysts CLIVE Data Services, part of Xeneta, volumes declined -8% year over year (y-o-y) in October and offered no current signals to indicate an upturn in 2023, as y-o-y demand fell for the eighth consecutive month. This means […]
South African transport infrastructure needs to be prioritised, panel states
South African transport infrastructure needs to be prioritised, panel states Infrastructure in South Africa’s logistics sector needs to be a priority, alongside a regulatory framework that has a “no nonsense” approach to criminality, if the country’s roads, rail and transport industries are to thrive and be considered safe again, says professional body Railway Safety Regulator […]
Public pressure crashes Gauteng’s e-tolling system
Public pressure crashes Gauteng’s e-tolling system Public pressure and protests against e-tolling led to Finance Minister Enoch Godongwana’s effective scrapping of the system as a funding mechanism for the Gauteng Freeway Improvement Project (GFIP), civil society organisations said as they celebrated the victory for Gauteng motorists this week. Godongwana effectively ended e-tolls on Wednesday, tabling […]
Iata to trial CO2 emission calculator with Etihad
Iata to trial CO2 emission calculator with Etihad Together with Etihad Airways, the International Air Transport Association will test a CO2 emissions assessment tool specially created for cargo flights. The whole value chain, including shippers, forwarders, investors, and regulators, as well as customers, are looking for accurate and trustworthy data estimates in order to manage […]
E-Bikes proposed for carbon-zero last mile deliveries
E-Bikes proposed for carbon-zero last mile deliveries The use of e-bikes to deliver items for the last mile of e-commerce and for private transportation is how the world is heading toward green-energy-powered transportation. Co-founder of the South African non-profit Mobility Centre for Africa, Victor Radebe, highlighted the effect of e-bikes on the carbon footprint and […]
Business confidence in transport sector rebounds
Business confidence in transport sector rebounds South African business confidence in the transport and hospitality sectors rose during the third quarter of 2022, a new Bureau for Economic Research (BER) report has indicated. The BER report, released on Tuesday, showed that during the third quarter of 2022, business confidence in the other services sector remained […]
Improved transport services can boost intra-Africa trade
Improved transport services can boost intra-Africa trade African countries can increase the level of intra-continental trade, which now averages between 13% and 20%, simply by improving services, even if infrastructure is not immediately upgraded. This was the view of Mike Salawou, Director of the Infrastructure and Urban Development Department of the African Development Bank, Côte […]
An Increase In Demand For Bulk Commodities Expected
An Increase In Demand For Bulk Commodities Expected Despite ongoing global economic risks, demand for bulk commodities is expected to rise throughout the rest of the year and well into 2023. The market has been in turmoil since the Covid-19 outbreak, according to Niels Rasmussen, chief shipping analyst for the international shipping group Bimco. While […]
The Logistics Workforce Needs Modern Skills
The Logistics Workforce Needs Modern Skills Logistics companies are failing to train their employees and are taking a high-risk gamble. Given the importance of logistics as a driver of the country’s competitiveness, which is critical for job creation and economic growth, there is no time to waste in identifying solutions. In order to avoid falling […]