insert_link Business / Economics South African freight forwarders association highlights efforts after poor port report rankings By Oliver Ochieng, bird story agency The Southern African Association of Freight Forwarders (SAAFF) has raised concerns over a recent report which assessed over 182,000 vessel calls, 238.2 million moves, and 381 million TEUs in 2023 in an index highlighting performance of ports globally. The Container Port Performance Index (CPPI) 2024, released by the World Bank and S&P Global on June 4, placed several […] todayJune 24, 2024 46
insert_link South Africa The South African Association of Freight Forwarders says Transnet’s 47-billion-rand support package is important The South African Association of Freight Forwarders has welcomed the National Treasury’s 47-billion-rand support package to Transnet to meet its debt obligations and support its recovery plan. Transnet has been facing a port and rail network crisis in the last few months, with backlogs in Durban and Richards Bay ports. The association’s, Juanita Maree, says the bailout may indeed activate the recovery of Transnet and in due course aid the […] todayDecember 4, 2023 18