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Freight & Trading Weekly

Cautious optimism despite volatile rand

18 Mar 2016 - by Lyse Comins
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South African

exports are

growing steadily

and air cargo

carriers are increasing

f light frequency to meet

demand on the continent,

according to a cargo agent.

Stephen Bishop,

airfreight general manager

at CFR Freight which

covers 80% of Africa with

airport to airport and

Delivery at Place (DAP)

services, said the company

had grown over the past

year and anticipated

exports from SA to the

continent to increase in the

long term. CFR partners

with members of the

AirCargoGroup network

to move goods on the

continent and to facilitate

global cross-trade into

Africa.

“Carriers are increasing

their f lights into the

territories and this presents

more options for cargo to

reach destinations faster

and more competitively,”

Bishop said.

“Nigeria, Kenya,

Tanzania, Zimbabwe,

Zambia, Angola and Ghana

will continue to grow in

the year ahead – and with

increased carrier options

capacity has never been

better,” he added.

According to the latest

International Air Transport

Association

(Iata)

statistics

CFR Freight

moved 3200

tonnes

of cargo

via Iataregistered

airlines alone,

making it

the seventh

biggest

cargo agent

operating

out of the country. The

company focuses on moving

general cargo on scheduled

f lights and via a multitude

of charter options and

has capability to handle

project, temperaturecontrolled

and perishable

cargo.

“Our volumes in general

have steadily increased over

the last year. According

to the latest published

Iata stats, CFR recorded

70% growth in 2015 with

a sizeable

chunk of

our traffic

heading

into Africa,”

Bishop said.

“Our

continued

growth

last year

enabled us

to increase

our buying

power and

our strong

relationships with carriers

has enabled us to offer

products and services that

help our clients succeed in

their markets.”

Bishop said the rand’s

volatility was expected to

impact import volumes

negatively in 2016 but

the company remained

“cautiously optimistic” on

this front.

“The uncertainty over

our economy means we

need to ensure we are

looking at adding as

much value as possible

to our client’s business

rather than focusing

on a pure transactional

basis.”

Bishop added

that there

would always

be challenges

in airfreight

on the

continent

but these

presented

opportunities to provide

solutions.

“Where possible we look

to mitigate risk and

would prefer to

pay a bit more

money to deal

with professional

companies that

can help find

solutions,” he

said.

INSERT & CAPTION

According to the

latest published Iata

stats, CFR recorded

70% growth in 2015.

– Stephen Bishop

 

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