Page 21 - Logistics News - August 2021
P. 21

CTRACK FREIGHT TRANSPORT INDEX

                                      Change on year ago: Ctrack Freight
                                      Transport Index by sector


                                             0   10   20 30 40 50 60 70 80 90                        %


           Air freight                                                                          86,6
           Road freight                                                                         33,9

           Freight Transport                                                                    26,4
           Sea freight                                                                          24,3

           Storage                                                                              19,5

           Rail freight                                                                           6,5
           Pipeline                                                                               1,9

               Sectors % change on year ago


          Ctrack & economists.co.za



          SA container traffic                          faces when it must do manual loading and sorting
          Since 2010, South African container throughput has   due to factors such as a recent computer hack.
          increased by 19 percent. A 19 percent improvement
          in 11 years is a far performance from the overall   The recent delays at the ports will have a further
          SA economy, which only experienced an increase in   negative effect on the road and rail freight sectors,
          GDP of 3.6 percent over the same period, reveals the   which will, in turn, have a negative effect on the
          index.                                        overall Ctrack Freight Transport as well as the South
                                                        African economy as a whole.
            This growth is partly because containers are
          becoming increasingly popular for the international   While South African container throughput
          transportation of goods as containers can easily be   has grown admirably at 19 percent in the last 11
          transported by various modes.                 years, this is well below the global average. Global
                                                        container throughput has increased by 52 percent
            In the quarter ending in June, South African   over the same period. Slow growth compared to the
          ports handled over 13,000 TEUs a day. TEU     global average indicates that exports from South
          represents a twenty-foot equivalent unit, meaning   Africa are not growing in volume at a satisfactory
          that the actual number of containers could be far   rate.
          less with many containers these days of the forty-
          foot size. Regardless, this still represents a figure of   An additional contributing factor is that South
          at least 6,500 containers a day.              Africans have become poorer in real per capita
                                                        income. The country can no longer afford as many
            More than half the total containers passing   imports as was possible before 2014, and this has
          through South Africa are handled by the port   also had an impact on the throughput of containers.
          of Durban, which moves approximately 4,150
          containers per day. This equates to three containers   Much of South Africa’s current good export
          a minute that need to move in the port of Durban.  performance is due to high commodity prices rather
                                                        than improved or more efficient production. “In      L O GI S T I CS NEWS
            While the numbers are impressive, it shows the   other words, South Africa is slowly losing out on
          serious problems Transnet Port Terminals (TPT)   global opportunities,” says Jordt. •


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