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Cargo truck attacks could force firms to shun Durban port

Posted On: Jun. 12, 2019 6:36 AM CST

Experts said that African companies could avoid Durban port after recent cargo truck-related attacks on the N3 highway caused 1.2 billion South African rands ($81 million) worth of damage, Times Live reported. Elka du Piesanie, an official at South Africa-based The Hollard Insurance Co. Ltd., said that the insurer received ZAR 237 million worth of cargo claims between Nov. 2018 and May, this year of which truck attack-related claims accounted for 11%.

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