Changing Lanes: South Africa’s Transport and Logistics Industry 2024
No economy can grow at 5% per year without a strong and well-delineated transport and logistics supply chain. In Africa this is a fast-evolving space, and with the gradual rollout of trade mechanisms under the African Continental Free Trade Area, the impetus to streamline cross-border trade and enhance logistics corridors is growing even faster in parallel.
Our latest report, “Changing Lanes: South Africa’s Transport and Logistics Industry 2024” seeks to unpack some of the key facets that will drive the future of the country’s role in both regional and continental trade.
Key Insights
- The shift in freight volumes is driving investment in innovative multimodal transport solutions, creating opportunities for efficiency gains and new business models.
- Ongoing privatisation efforts and international partnerships are set to revolutionise port operations, potentially positioning South African ports as key players in global shipping routes.
- The 57% increase in air freight traffic at King Shaka Airport signals a rapidly growing market for high-value, time-sensitive cargo services, opening new avenues for logistics providers.
- The concentrated consumer market is driving demand for sophisticated, integrated logistics solutions, presenting growth opportunities for tech-savvy operators, and last mile delivery in particular.
- With a projected 12% growth in telematics systems, the sector is ripe for digital innovation, offering potential for improved efficiency, security, and customer service across the logistics chain.
Download the free report to discover more insights and an in-depth analysis of regional trade financing opportunities.
Why Read This Report?
The South African Transport and Logistics Report 2024 is essential for investors, policymakers, and industry professionals looking to navigate the complex logistics landscape of not only the country, but also its role in the greater Southern Africa region. The report provides insights into emerging market opportunities and operator strategies aimed at not only adapting, but also thriving in this emerging market environment.
Click below to view and download the full report and equip yourself with the knowledge to make informed decisions in the South African market.
