Transnet opens up freight rail network to private operators
SA’s state rail company Transnet on Friday invited bids from the private sector to operate sections of its freight network, seeking a cash injection to improve the service. Transnet, whose rail infrastructure has been underperforming after years of underinvestment, widespread copper cable theft and vandalism, will be taking bids from April 1 to May 31, the company said. Transnet’s total freight rail volumes declined by nearly 14% from 212.3-million tonnes […]
