Freight Features: Investment needed to drive freight movement

The company reaffirmed its commitment to improving throughput across its network.

Together with BlackRock, the line submitted a joint bid worth $22.8 billion in March.

PPP disconnects is one of the issues highlighted by the IMD’s report.

The road freight sector saw a sharp contraction in 2024, with an 8.3% drop in payload volumes.

Recommendations have been made to revoke all ‘irregularly awarded’ visas and to deport people involved – SIU.

The government has received 900 000 vaccines that will be administered across the country.

The surge in tanker movements has contributed to a sharp rise in freight rates.

The ceasefire between Israel and Iran has offered some short-term relief for crude oil prices.

The canalisation of the Umlazi is a “process started in 1946 and finished in the 1950s”.

The surge in regional tensions has impacted container freight rates.

Israel accused Iran of launching missiles into its airspace after the ceasefire had come into effect.