Transnet says port operations improving, some delays

South Africa’s Transnet on Friday said road closures and fuel and food shortages are constraining its supply chain despite improved operations at the ports of Durban and Richards Bay after days of unrest.

“The Port of Richards Bay has managed to clear all shipping backlogs. Terminal operations at the Port of Durban continue to improve,” the state logistics group said in a statement.

However, work to restart the suspended NATCOR rail line has been delayed due to remnants of looting activities strewn along the railway, Transnet said.

INSIDERGOLD

Subscribe for full access to all our share and unit trust data tools, our award-winning articles, and support quality journalism in the process.

Source: moneyweb.co.za