Air freight – Big chaos’ coming as lack of air freight capacity will see peak season rates Forwarders are predicting ‘big chaos’ and very high rates in the coming air peak season, as a host of issues combine, leading to demand significantly outstripping supply out of Asia. The problems in …
Containership capacity under strain with carriers being effectively “full” at more than 90% utilization on most trade lanes, while freight rates remain at unprecedented high levels. Carriers are fulfilling 60-65% of their long-term freight contracts and due to the current pressure on carriers, once disruptions in the supply chain occur, …
In June 2005, the World Customs Organisation (WCO) Council adopted the SAFE Framework of Standards to secure and facilitate Global Trade that would act as a deterrent to international terrorism, secure revenue collections and promote trade facilitation internationally. The core concept of this international framework is the Authorised Economic Operator …
South Africa does not live in a bubble, and globalisation has greatly affected supply chain management where materials, factories and customers all over the world are at the mercy of global events. Covid-19 Covid-19 is the perfect example; the cost of shipping containers has reached historical highs following the outbreak …
Malene van der Merwe, Regional Manager: Beitbridge, gives some insight into the current state of road border operations. Delays July’s looting has caused a slight backlog as most border offices were closed. However, there has been a reduction in cross border sales where locally manufactured goods are not exported since …
