According to the data, the number of declarations for which the SIC issued bonds decreased from 8,430 in the first quarter to 8,052 in the second quarter of 2022. The number further decreased to 6,257 in the third quarter. It also revealed that Burkina Faso remains the major destination for transit cargo from Ghana\u2019s ports.<\/p>\n A total of 473,165 metric tonnes of transit cargo passed through the ports of Ghana during the period. The cargo transited to Burkina Faso (307,141), Mali (74,377), Cote D\u2019 Ivoire (66,825), Togo (17,260), Niger (6,575), Benin (748), and Liberia (239).<\/p>\n Mr. Osei Ntiamoah said \u201cfor the first quarter we issued a total of 5,084 bonds for Burkina Faso which has been the preferred destination for the cargo trucks from Ghana. In the second quarter we issued 4,791 bonds and 3,771 in the third quarter. So it is clear that transit trade is actually going down\u201d.<\/p>\n It was also observed that foreign cargo trucks dominated the local trucks in terms of the performance while the Tema Habour remains Ghana\u2019s major port for transit cargo.<\/p>\n Head of the Freight and Logistics Department of the GSA, Mr. Fred Asiedu Dartey called for intensified stakeholder engagements to address the issues leading to the reduction in transit trade in order to drive growth of the sector.<\/p>\n","protected":false},"excerpt":{"rendered":" Data from the State Insurance Company (SIC) has revealed a 25.7 percent decline in transit trade from the first quarter to the third quarter of 2022. This was made known<\/p>\n","protected":false},"author":1,"featured_media":28105,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[24],"tags":[747,905,1112,1400,2001,2132],"class_list":["post-28101","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-freight-and-logistics","tag-ghana-shippers-authority-gsa","tag-inter-state-road-transit-isrt","tag-mr-fred-asiedu-dartey","tag-state-insurance-company-sic","tag-transit-shipper-committee-meeting"],"yoast_head":"\n![\"\"](\"http:\/\/localhost:10003\/wp-content\/uploads\/2022\/12\/Picture3.jpg\")
Head of Inter-State Road Transit (ISRT) at SIC, Mr. Anthony Osei Ntiamoah during his presentation.<\/em><\/strong><\/p>\n![\"\"](\"http:\/\/localhost:10003\/wp-content\/uploads\/2022\/12\/Picture2.png\")
Tonnage per destination for the 3rd<\/sup> quarter of 2022<\/em><\/strong><\/p>\n![\"\"](\"http:\/\/localhost:10003\/wp-content\/uploads\/2022\/12\/Picture1.png\")
Destination per number of declarations for the first three quarters of 2022<\/em><\/strong><\/p>\n