Chep buys into IBC market

Half-year revenue up 20,4% on the back of rising container volumes.

The port lost about R1 billion in income due to inefficiencies in 2024.

Air freight is experiencing growth in shipments of AI-related products.

Government announced an early start for shipments after recording high stock volumes in warehouses.

Results underscore resilient operational performance in the face of ongoing geopolitical tensions.

The company has doubled its investment by building a larger factory in the Dube TradePort SEZ.

eThekwini says it is investing over R450 million in road infrastructure to support big-brand businesses.

The airport is expected to handle up to 100 million passengers annually.

Since June 2024, nine cargo airlines have initiated direct freight routes into Europe.

“It’s not safe at all and transporters should proceed with the utmost caution.” — Transist Bureau

The new trade proposal responds to concerns raised about US exporter access to the local market.

 “Durban Container Terminal (DCT) Pier 2 is suffering from design lag in relation to improved ship-to-shore (STS) container moves.” — Earle Peters, TPT.