by FATS Marketing | Sep 10, 2021 | International News
Amid rising antagonism against carriers over skyrocketing freight rates, shipping major CMA CGM announced yesterday that it would stop all spot rate increases with immediate effect (September 9) to February 1, 2022. The Group has said it is prioritising its long-term...
by FATS Marketing | Sep 9, 2021 | International News
Carriers’ inordinately high freight rates once again topped the agenda at the fifth biennial meeting of the Global Regulatory Summit convened to discuss competition issues related to the shipping industry. Federal Maritime Commission chairman Daniel B Maffei joined...
by FATS Marketing | Sep 8, 2021 | RSA News
After surging by 15 points to 50 in the second quarter, the RMB/BER Business Confidence index (BCI) retreated to 43 in the third quarter, according to a statement released today. The index is now back in net negative terrain, where the number of respondents...
by FATS Marketing | Sep 7, 2021 | RSA News
South Africa’s transport sector grew 6.9% in the year’s second quarter (Q2), becoming the biggest sector to add to the 1.2% economic expansion announced earlier this morning by Statistics South Africa (Stats SA). The mining sector, buoyed by burgeoning demand for raw...
by FATS Marketing | Sep 6, 2021 | International News, RSA News
Having slipped from -9 to -13 index points during the second quarter of 2021, the FNB/BER Consumer Confidence Index (CCI) recovered some lost ground to -10 in the third quarter of 2021. That’s according to the latest data released by the Bureau for Economic Research...
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