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RPT Realty (RPT) Q1 2021 Earnings Call Transcript

RPT Realty (RPT) Q1 2021 Earnings Call Transcript Motley Fool Transcribers © The Motley Fool Logo of jester cap with thought bubble. RPT Realty (NYSE: RPT) Greetings, and welcome to RPT Realty First Quarter 2021 Earnings Conference Call. [Operator Instructions] I would now like to turn the conference over to your host, Mr. Vin Chao, Senior Vice President of Finance. Thank you, sir. You may begin.SPONSORED: 10 stocks we like better than RPT Realty When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.  

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Lives and livelihoods at risk in snarl-up at Mozambique border

Road hauliers blame government handling of Covid-19 testing for queues up to 25km long 07 January 2021 - 13:03 Mpumzi Zuzile Picture: REUTERS Road hauliers have blamed the SA government for delays at the Lebombo border post between SA and Mozambique, where a large number of trucks are creating huge congestion.   The delays have been blamed on traffic management and the way Covid-19 testing is being done on the SA side of the border. “We support the requirement for the testing to be done‚ but border personnel are overwhelmed and cannot cope with the situation‚” said Mike Fitzmaurice, CEO of the Federation of East and Southern African Road Transport Associations (Fesarta).

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Total truck-up: Covid delays at SA borders cost freight firms nearly R3bn

Covid test certificate demand causes huge congestion that will force many companies to close, industry warns 11 January 2021 - 20:00 Delays caused by Covid-19 testing protocols at SA’s busiest land borders have cost the road freight industry more than R2.5bn and has sparked a growing humanitarian crisis, warns Southern Africa’s largest transport association. Thousands of commuters, truck drivers and holidaymakers have been stranded for up to seven days in queues stretching nearly 20km into Zimbabwe and Mozambique as people enter SA. This article is free to read if you register or sign in. If you have already registered or subscribed, please sign in to continue.

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Queues 25km long at the Mozambique border are costing the freight industry R33m per day

Another border crisis is developing, this time between South Africa and Mozambique at the Lebombo post.

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Truck bodies plead with Home Affairs to resolve Covid-19 border delays

Citizen reporter Truck queues now stretch more than 25km and temperatures often exceed 32°C, putting lives and livelihoods are at stake, say Fesarta and the SA Association of Freight Forwarders. A long convoy of vehicles, stretching several kilometres towards Beitbridge border post in Musina. The border connects South Africa with Zimbabwe, Malawi, Zambia, the DRC and northern Mozambique. Picture: Camilo Ramada Federation of East and Southern African Road Transport Associations (Fesarta) chief executive officer Mike Fitzmaurice said in a statement: “We support the requirement for the testing to be done but border personnel are overwhelmed and cannot cope with the situation.

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