Positive trends in the Namibian freight sector

Namibia’s logistics sector has become stronger and more diversified over the past year. “The market trends are forcing us to grow, expand and adapt due to the persistence of the regional and local economic downturn that has negatively affected cargo volumes,” says Stefne Lintvelt, co-founder and managing director of Walvis Bay-based Camelthorn Freight Forwarding. “If we look at the trends, we are definitely doing something right when it comes to the frozen cargo supply chain as a whole. “The Namibian logistics sector remains competitive with its service levels and expertise, but unfortunately we are struggling to compete with Beira and South Africa on freight and port rates,” she says. “The port has the necessary
infrastructure, supported by specialised warehouses and trucking companies, but whereas South Africa has decreased its port rates, Namport has increased its rates by 6% even though the economy is already struggling. “The industry has observed the impact on the supply chain as a whole. “Furthermore, the fish quota issues remain a challenge which forces local companies to constantly adapt and compensate for the lost revenue which has always been important for all local businesses and stakeholders.” Another trend, according to
Lintvelt, is the diversification of the management and ownership of companies throughout the logistics chain. “There is a noticeable increase in the number of determined women heading up (with some owners) local shipping, freight forwarding, ship’s agency and clearing companies. “Strong women and men from all corners of the country who are not afraid to take chances by starting up new business ventures in tough times are role models for young entrepreneurs – which is nothing, if not empowering,” she says.
This growth confirms the resilience of the logistics sector and commitment to diversification. “The most positive thing to take from the economic downturn and drought is how we all pull together when the going gets tough. “Big and small corporations as well as individuals are involved in soup kitchens and other community support programmes. “You see volunteers over weekends trying to see if they can make a difference – Namibians, both men and women, are reaching out to help each other. “None of us want to see particularly children and the elderly who can’t fend for themselves going to bed hungry. “We understand that, even if we can’t help everyone, every little difference we can make will have a lasting effect,” she says.

Namport has increased its rates by 6% even though the economy is already struggling. – Stefne Lintvelt