Freight Costs to Blame for Spike in Global Inflation, Not Oil – Botha
Freight costs to blame for spike in global inflation, not oil – Botha Ever since global inflation started heading north at an alarming rate, much of the conventional wisdom on the causes of this trend has pointed to energy prices, especially gas, oil and petroleum, says Dr Roelof Botha, economic adviser to the Optimum Investment […]
Transnet Unveils Plan For New Port and Rail Network
Transnet unveils plan for new port and rail network Transnet is forging ahead with several property developments, including a new deepwater port and rail network to serve the country’s proposed new Boegoebaai hydrogen production hub and mines in the Northern Cape. Transnet National Ports Authority (TNPA) on Thursday issued a Request for Qualification (RFQ) for […]
Ocean Freight Rates Dropping
Ocean Freight Rates Dropping According to a survey done by Freightos, one of the findings was that although ocean freight rates have fallen significantly in the last few months, prices are still about 6.5 times higher than in June 2019. As at the end of June this year, the cost per container was $8,934 from […]
Smart Transport Cities
Smart Transport cities Intelligent mobility systems are integral to smart cities. As the Internet of Things grows, smart transit will propel the transformation of urban infrastructure forward. We explore the impact that smart cities will have on logistics and supply chain environments. Smart cities are essential in today’s connected era and can be advantageous to […]
Eastern Cape port investment should foster auto sector expansion – AIDC EC
Eastern Cape port investment should foster auto sector expansion – AIDC EC The Automotive Industry Development Centre Eastern Cape (AIDC EC) says it applauds Transnet National Port Authority’s (TNPA’s) announcement that it will inject R9.1-billion into its three Eastern Cape ports over the next seven years. AIDC EC CEO Thabo Shenxane says the centre, as […]
Focus on ‘core underlying issues’ to tackle load-shedding crisis – EIUG
Focus on ‘core underlying issues’ to tackle load-shedding crisis – EIUG Ending the current restrictions to the addition of new generation capacity and addressing Eskom’s deteriorating generation performance are key to arresting intensifying load-shedding, the Energy Intensive Users Group (EUIG) asserts. CEO Fanele Mondi said in a statement the recent illegal industrial action had escalated […]
Supply Chain Changes in the 2nd Half of 2022
Supply Chain Changes in the 2nd Half of 2022 While the first half of the year has seen its share of new and continued disruptions, we take a look at five growing trends that will impact global manufacturing in the second half of the year. China The months-long shutdowns of Shanghai and Beijing had a […]
Upcoming Trends in Commercial Drone Usage
Upcoming Trends in Commercial Drone Usage Drone technology has become more accessible and is rapidly being adopted by the private and commercial sector to improve operations and increase efficiency. The drone services market is expected to reach over $60 billion by 2025. Not only has the usage of drones increase, but also the way in […]
China lockdowns are not causing shipping chaos, say liner CEOs
China lockdowns are not causing shipping chaos, say liner CEOs Maersk and Matson don’t see severe China lockdown fallout yet It was predicted that China lockdowns would cause container shipping havoc. Six weeks into Shanghai lockdowns, it still hasn’t happened. Two liner CEOs — Maersk’s Soren Skou and Matson’s Matt Cox — explained why. “The […]
Forget basic income grants, fix roads and dysfunctional municipalities instead
Forget basic income grants, fix roads and dysfunctional municipalities instead Without fixing dysfunctional municipalities, dangerous roads full of potholes and reducing reliance on Eskom, South Africa can forget about meaningful economic growth, says former finance minister Tito Mboweni. Speaking at the PSG annual conference in Sun City on Wednesday, Mboweni said even though SA’s economy […]
A Look at the Supply Chain Crisis in Namibia
A Look at the Supply Chain Crisis in Namibia Just like most other countries around the world, Namibia felt the effects of the pandemic on their logistics and shipping industries. The closure of many ports in the region caused many of the container ships to be rerouted to the Port of Walvis Bay, which gave […]
Africa Faces Tough Times due to Deglobalization of Trade
Africa Faces Tough Times due to Deglobalization of Trade The global economic crisis triggered by the pandemic and the Russian invasion of Ukraine has further intensified the risk of declining trade integration between countries. This process is referred to as the deglobalization of trade. With Africa importing and exporting a lot of merchandise, this process […]
Fuel levy lowered by R1.50/litre until end of May
Fuel levy lowered by R1.50/litre until end of May The general fuel levy will be cut by R1.50 per litre from Wednesday next week to 31 May 2022, Finance Minister Enoch Godongwana announced on Thursday.This will reduce the levy for petrol from R3.85 per litre to R2.35 per litre. The levy on diesel will be […]
4 Key Air Cargo Trends to Watch in 2022
4 Key Air Cargo Trends to Watch in 2022 Following the Covid-19 outbreak, we have seen air cargo enjoy a substantial uptick in activity. Despite the collapse in passenger travel globally, many airlines had to shift their operation strategies to remain functional. This involved increasing their ability to offer air cargo services to support global […]
3 Reasons Why Peak Season Planning Should Be a Year-Round Activity
3 Reasons Why Peak Season Planning Should Be a Year-Round Activity Did you know that, according to SupplyChain247, 75% of supply chain leaders have faced issues planning and distributing goods since the pandemic began? They believe these issues faced will impact how they operate in the near future, including how they manage peak season planning. […]
Africa feeling the brunt of supply chain disruptions amid Shanghai lockdown, Ukraine war
Africa feeling the brunt of supply chain disruptions amid Shanghai lockdown, Ukraine war The unexpected recent Covid-19-related lockdown in Shanghai, China, coupled with the war in Ukraine and lasting Covid-19 impacts in various other regions of the world, is exacerbating what is an already constrained and disrupted global supply chain, says pump manufacturer Grundfos Africa. […]
From bread prices to petrol: How a war in Ukraine could hit SA pockets
From bread prices to petrol: How a war in Ukraine could hit SA pockets The conflict in Ukraine might be geographically far removed from South Africa, but its ripple effect might soon be felt by local consumers. If the Russian invasion of Ukraine – described by some as the darkest hour for Europe since World […]
Oil could hit $130 a barrel as war in Ukraine rages on
Oil could hit $130 a barrel as war in Ukraine rages on A global energy crisis, which could see prices surge at the fuel pumps, looms as the threat of growing military conflict in Ukraine rises after Russian troops and tanks crossed its borders yesterday. Rystad Energy CEO, Jarand Rystad, warned of a looming “global […]
Protect your Business from Supply Chain Disruptions in 2022
Protect your Business from Supply Chain Disruptions in 2022 Supply chain disruptions can come in many forms, such as the global pandemic, fire, political upheaval like looting, or even infrastructure issues such as load shedding. These disruptors interrupt your supply chain operations and require detours that will cost you money, time, and headspace. According to […]
Spotlight On: Supply Chains in 2022
Spotlight On: Supply Chains in 2022 The 2021 NextGen Solutions report on supply chains was recently released, and we want to take the opportunity to highlight some of the results that will give us a great idea of how supply chains will look in 2022. To gather data for the report, a study was conducted […]