Time to reverse 'decade-long decline' in South African logistics
The continuing loss of transhipment cargo “reinforces the picture of a decade-long decline” in South ...
It takes some effort to get to a point where analysts are regularly compiling studies to show how much damage your company is inflicting on an economy, but that is where South Africa’s national rail and port operator Transnet now finds itself.
South African logistics consultancy Gain Group believes that problems at Transnet’s rail freight and port services are currently costing the country almost 5% of its entire GDP.
Admittedly that actually represents an improvement over 2022, when Transnet is calculated to ...
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