Freight Trends Global

Transnet Cuts Losses to R1.9 Billion on Higher Rail Volumes and Revenue Growth State-owned logistics giant Transnet has reported a significantly reduced loss of R1.9 billion for the financial year ending March 2025, compared to a R7.3 billion loss in the previous year. The debt-laden group has long battled to provide reliable freight rail and port services, hampered by equipment shortages and a backlog of critical maintenance. These shortcomings have

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Transnet Opens Rail Network: LeaseCo Plan to Fast-Track Private Train Operators in South Africa Transnet CEO Michelle Phillips says negotiations are advancing with the first 11 private train operating companies (TOCs) approved to access the state-owned rail network. However, the companies have indicated it could take 12 to 36 months before operations begin. Speaking at Transnet’s 2024/25 results presentation, Phillips said access to rolling stock remains a key barrier for

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South Africa Mining Logistics: Private Train Operators Boost Rail Capacity and Reduce Export Bottlenecks South Africa’s mining logistics reforms are “moving in the right direction,” according to Minerals Council South Africa CEO Mzila Mthenjane, who emphasized that collaboration between the government and private sector is starting to yield tangible results, albeit at a slower pace than some stakeholders would prefer. Speaking at the Africa Down Under conference in Perth on

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Private Train Operators Approved on 41 Routes: Rail Reform Set to Boost Jobs, Exports, and Efficiency The Department of Transport’s decision to grant 11 private train operators access to 41 rail routes is expected to strengthen competition, safeguard jobs, and revive South Africa’s struggling freight logistics system, according to Business Unity South Africa (Busa). Transport Minister Barbara Creecy announced the milestone last Friday, calling it a critical step in the

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