Business Fleet Africa November 2022

Business Fleet Africa brings you all the latest news and developments from the world of commercial vehicles. This month we cover a variety of topics including all the news from Bridgestone, Cummins, Damen, Williams Advanced Engineering, Serco, Suzuki and many more. Regular topics include the Ctrack Transport and Freight Index, business advice from Standard Bank and a deep dive into the monthly sales figures.

BUSINESS FLEET AFRICA | November 2022

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BUSINESS

The South African economy and the

transport industry are continuously

being subjected to a variety of external

challenges, all of which contribute to a

very difficult industry to do business in.

Monthly costs are always increasing

with the fuel price continuing to rise and

the Reserve Bank forced to hike interest

rates once more, in order to try curb

inflation somewhat.

The recent Transnet strike added

further pressure to an already stressed

transport infrastructure, with bottle-

necks creating major headaches for fleet

managers in the supply chain and logis-

tics industry, while the cost implications

were massive.

According to the South African

Association of Freight Forwarders

(SAAFF), the 11 day strike robbed South

Africa of the opportunity to move

R65.3 billion worth of goods.

It has been reported that one day’s

worth of stoppage requires up to

10 days of recovery. The result is that a

complete restoration of normal func-

tionality will only happen in early 2023.

During September 2022, South Africa

was subjected to the worst month of

load shedding since the implementation

of this power rationing strategy, with a

staggering 572 of the month’s 720 hours

directly affected.

The rail sector continues to go back-

wards and while this is to the advantage

of road transport, our roads can only

handle so much. Already major routes

are nearing capacity and the increased

high traffic volumes have resulted in

increased accident rates and slower

journey times on many of the major

commercial vehicle routes.

Government has realised that this

is a major problem and has passed

the Economic Regulation of Transport

Bill while requests for proposals have

been issued for third party-access to

the freight rail network. Whether there

On going challenges

necessitate additional investment

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