# Transnet strike places spotlight on state of port infrastructure | Infrastructure news

> South African freight forwarders warned that normal freight operations may not return until 2023, following an 11-day Transnet strike that began October 6, 2022. The strike cost South Africa an estimated R65.3 billion in goods moved. Commentators said port infrastructure needs upgrading to handle larger ships.

- Date: 2023-01-18 · published 2023-01-18T12:00:00.000Z
- Category: logistics · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/37808-transnet-strike-places-spotlight-on-state-of-port-infrastructure-infrastructure
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Persistent port and rail inefficiency in South Africa constrains grain and oilseed exports and imports, which can keep regional feed grain prices and freight costs elevated.

## Read by commodity

- CORN: neutral
- WHEAT: neutral
- OCEANFRT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-06-02 | [Port of South Louisiana & Waterways Council Inc say U.S. infrastructure upgrades vital \| Air Freight News](https://feedsoft.ai/events/16708-port-of-south-louisiana-and-waterways-council-inc-say-u-s-infrastructure.md) | +4.8% | +3.2% |
| CORN | 2016-11-01 | [Report warns of danger of failing river infrastructure](https://feedsoft.ai/events/73763-report-warns-of-danger-of-failing-river-infrastructure.md) | +1.9% | -4.3% |
| CORN | 2017-07-13 | [Ukraine pushes grain export infrastructure projects](https://feedsoft.ai/events/69815-ukraine-pushes-grain-export-infrastructure-projects.md) | +0.3% | -1.2% |
| CORN | 2019-02-11 | [Some infrastructure gains, but more needed](https://feedsoft.ai/events/60486-some-infrastructure-gains-but-more-needed.md) | +1.2% | -2.0% |
| CORN | 2025-04-14 | [Freight rates for grain transportation by coasters to Italy have increased on the Danube \| Ukrainian and World Shipping News - Ukrainian Shipping Magazine - Ukrainian and World Shipping News](https://feedsoft.ai/events/16952-freight-rates-for-grain-transportation-by-coasters-to-italy-have-increased-on.md) | +1.1% | -5.2% |
| WHEAT | 2022-06-02 | [Port of South Louisiana & Waterways Council Inc say U.S. infrastructure upgrades vital \| Air Freight News](https://feedsoft.ai/events/16708-port-of-south-louisiana-and-waterways-council-inc-say-u-s-infrastructure.md) | +0.1% | +0.7% |
| WHEAT | 2017-07-13 | [Ukraine pushes grain export infrastructure projects](https://feedsoft.ai/events/69815-ukraine-pushes-grain-export-infrastructure-projects.md) | -1.8% | -1.6% |
| WHEAT | 2022-04-13 | [Federal Revenue strike keeps Argentine wheat stuck in the Port of Santos - DatamarNews](https://feedsoft.ai/events/41862-federal-revenue-strike-keeps-argentine-wheat-stuck-in-the-port-of-santos.md) | -0.5% | +6.1% |

## Sources

- infrastructurenews.co.za: https://infrastructurenews.co.za/2023/01/18/transnet-strike-places-spotlight-on-state-of-port-infrastructure/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.