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Freight & Trading Weekly

Growth strategy targets air and sea

01 Feb 2019 - by Liesl Venter
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Neutral consolidator CFR Freight has big plans for 2019. CEO Martin Keck told FTW the company had had a “fantastic 2018” and was positive for more growth this year. Having recently introduced three new seafreight LCL services, two to Durban from Ho Chi Minh City in Vietnam and Chattogram in Bangladesh, and one from Istanbul in Turkey to Cape Town, Keck said the company was targeting specific areas. “We are not just focusing on expanding our seafreight business. We also have a strategy in place to grow our airfreight offerings, particularly focusing on import growth,” he said. “We also have weekly LTL and FTL services to our neighbouring countries.” The company’s CFS, warehousing and crossdocking facilities under ZacPak in Durban, Port Elizabeth, Cape Town and Johannesburg are also part of the growth strategy. Keck said new staff had been brought on board, including a new manager for route development in the ocean freight division, Mike Whysall. Several external factors posed a risk to business in 2019, he added. “The local elections are causing some uncertainty in the market, while neighbouring countries such as Zimbabwe and the DRC are under real pressure.”

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We also have a strategy in place to grow our airfreight offerings. – Martin Keck

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FTW 1 February 2019

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