HERMAN BEZUIDENHOUT: Behind the scenes: How freight forwarding powers global trade
The freight forwarding industry continues to evolve and recent global disruptions have intensified its importance in the supply chain. Today the pressure on airfreight rates remains high worldwide, and South Africa is no exception. Limited international flights to and from South Africa have caused a steep hike in airfreight rates, adding strain to already complex logistics.
And with peak shipping seasons upon us, space on vessels — particularly from China — is in high demand, resulting in ocean freight rate increases as well. Many importers who had been holding off on replenishing stock are now feeling the effects, as demand for “just in time” deliveries surges...
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