South African ports saw over 3 million tonnes of breakbulk goods in 2018, and reports show that this growth trend is indeed projected to continue increasing well into the future. Moving over-dimensional or heavy-lift cargo is no small feat, whether it is massive earth moving yellow equipment bound for copper mines in Zambia or turbine components for a Northern Cape wind farm, transportation and logistics demands are considerably greater as they are unique to each situation.
Cash flow allows an organisation to pursue opportunities that enhance value. This may indeed become tricky when importing the goods required to run a business becomes an expensive and complex process, including costs associated with moving the goods, as well as duties and taxes requiring payment once the goods have arrived and clearing required before collection. These activities can result in tied up cash leading to reduced efficiency.
From shoes made in China to crude oil from India, the ability for businesses to ship goods by sea has brought about global economic benefit. Every year billions of tonnes of goods are shipped along major trade routes, in South Africa alone over R133 billion worth of goods were shipped around the world in 2018.
In 2018, goods to the value of just less than $90 billion were imported into South Arica, with about 45% of this originating from China. European and African trade partners accounted for 33% and 10% respectively, with the balance of trade originating throughout the rest of the globe. As the local economy continues to emerge from a recessionary period, it is likely that the demand for foreign goods will continue to grow, making this an economic segment ripe with opportunities for those organisations looking to capitalise on this demand.
This transport month we celebrate ladies taking the wheel in our transport division
South Africa is said to have an astonishingly low rate of employed women. According to the Organisation for Economic Co-operation and Development (OECD) only 50% of women between the ages of 25 and 54 are employed. With a skills shortage and burgeoning demand for the transportation of goods, the transport industry is well suited to provide a solution for women whose innate attributes could make them well suited for driving trucks.