Home
FacebookTwitterSearchMenu
  • Subscribe
  • Subscribe
  • News
  • Features
  • Knowledge Library
  • Columns
  • Customs
  • Jobs
  • Directory
  • FX Rates
  • Categories
    • Categories
    • Africa
    • Air Freight
    • BEE
    • Border Beat
    • COVID-19
    • Crime
    • Customs
    • Domestic
    • Duty Calls
    • Economy
    • Employment
    • Energy/Fuel
    • Events
    • Freight & Trading Weekly
    • Imports and Exports
    • Infrastructure
    • International
    • Logistics
    • Other
    • People
    • Road/Rail Freight
    • Sea Freight
    • Skills & Training
    • Social Development
    • Technology
    • Trade/Investment
    • Webinars
  • Contact us
    • Contact us
    • About Us
    • Advertise
    • Send us news
    • Editorial Guidelines

New CT container depot on the cards

12 Dec 2023 - by -
0 Comments

Share

  • Facebook
  • Twitter
  • Google+
  • LinkedIn
  • E-mail
  • Print

JF M Logistics is making significant strides in broadening its presence across Africa through substantial investments in infrastructure.According to operations director Michael-Anthony Shadiack, the company is exploring a joint venture to establish a massive 50 000-square-metre container depot in Cape Town, complementing its existing three facilities in the Western Cape. This expansion promises a comprehensive "turnkey" solution, encompassing services such as full and empty container storage, container repairs, reefer-related services, PPECB inspections, washes, pre- trips, and full plug-in. “We are also set to introduce a consolidation service between the Western and Eastern Cape, further enhancing our reach and services,” said Shadiack.In addition to pursuing new infrastructure developments, the maintenance and effective control of existing infrastructure are of paramount importance to the compa ny.“As the African market experiences exponential growth, it has become increasingly imperative to invest in technological advancements and more efficient management systems for our current infrastructure, including roads, ports, and rail networks.”Shadiack said foreign investments had played a pivotal role in creating new gateways into Africa, thus enhancing accessibility and paving the way for expanded business opportunities on a continental scale. This strategic approach not only strengthens Africa's position in the global market but also reinforces its potential for sustainable economic growth.“We are excited about the opportunities and prospects that Namibia and Mozambique may hold. They are both rapidly developing countries and this bodes well for the logistics sector.Walvis Bay and Maputo will be major ports of distribution into these two nations,” he said.According to Shadiack, in the logistics sector there are numerous unexpected high-risk situations that demand vigilance. These include incidents like hijackings, protests, and accidents. “Working closely with our risk managers, we've implemented precautionary measures to minimise these risks in Africa. Unfortunately, some of the events are beyond our control and can have a severe impact on both our business and safety. Additionally, global political unrest poses another significant challenge that can have adverse effects on our nation and its logistics operations.”But, he said, despite these challenges Africa continued to hold major opportunity for the logistics sector. “These are almost boundless. The African market is open to anyone with the willpower and dedication to succeed.”Asked about particular sectors of interest, Shadiack said renewable energy had become a massive driving force in the logistics sector. “From solar to wind to hydroelectricity – these projects are boosting the logistics sector throughout Africa. Another trend that is growing rapidly is that of e-commerce which holds much potential for the logistics sector.”

Sign up to our mailing list and get daily news headlines and weekly features directly to your inbox free.
Subscribe to receive print copies of Freight News Features to your door.

December 2023 Compendium

View PDF
G7 leaders pledge $600bn to finance infrastructure development
12 Dec 2023
Growth of e-commerce creates logistics opportunities
12 Dec 2023
Growth of e-commerce creates logistics opportunities
12 Dec 2023
AfCFTA could kick-start infrastructure development
12 Dec 2023
Big plans to bring rail out of steam age
12 Dec 2023
Self-interest trumps continental trade at AfCFTA negotiations
12 Dec 2023
‘Ports race’ puts countries at risk
12 Dec 2023
Green hydrogen holds immense potential
12 Dec 2023
SADC countries enhancing trade
12 Dec 2023
More at stake than Agoa benefits in trade with the United States
12 Dec 2023
Ivory Coast spells out beneficiation plans
12 Dec 2023
New qualification addresses skills training in warehousing sector
12 Dec 2023
  • More

FeatureClick to view

Airfreight 30 May 2025

Border Beat

Cross-border payments remain a hurdle – Masondo
30 May 2025
BMA steps in to help DG and FMCG cargo at Groblersbrug
21 May 2025
The N4 Maputo Corridor crossing – congestion, crime and potholes
12 May 2025
More
  • © Now Media
  • Privacy Policy
  • Freight News RSS
  • About Us
  • Advertise
  • Send us news
  • Contact us