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Investment and diversification should be top of mind

10 Nov 2021 - by -
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Ongoing investment in its warehousing facilities has given Independent Beira Logistics Terminal and Services (IBLTS) the competitive edge, according to general manager Neil Stals.The company has invested in a 30 000-square-metre property, extending its premises significantly to increase cargo f low. A second warehouse of 13 000sqm has added further f lexibility to its service offering.According to Stals, the global container shortage has put severe pressure on warehouses, making the investment even more important.“In the current economic environment, it is critical to stay ahead of the curve if you want to service your clients well,” said Stals.He told Freight News that now, more than ever, an innovative approach was necessary – particularly considering that space was at a premium.“Costs continue to increase as ports around the world remain congested, while increased regulation and legislation have also added to costs. As logistics operators, it is imperative that we continuously look at ways to protect margins and keep ourselves competitive.”Just as important as ongoing investment in infrastructure and equipment was the need to diversify across sectors. “As a company, we have looked for partnerships that will allow us to do just that. One example is our decision to partner with Imperial Logistics. It has enhanced our presence on the Beira Corridor, and given us entry points into new sectors of the market such as healthcare and consumer packaged goods.”Stals emphasised the importance of being f lexible and adaptable in the current market. “Specialised equipment helps in some areas, but being able to handle multiple commodities at the same time while utilising the same assets has been key for us.”He said ongoing investment in facilities, and the purchase of additional capital equipment to service these warehouses well, had positioned IBLTS well.“It is a move that we believe will stand us in good stead as volumes are set to grow on the Beira Corridor. Whilst the container shortage has slowed exports, we have not seen any downturn of cargo through our facility – and when the empty repositioning is resolved, we expect a large increase in exports through Beira. Our ongoing investments in our warehousing will place us in a position to take advantage of that increase.

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