Transnet freight volume drops by over 30% in 5 years

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Transnet freight volume drops by over 30% in 5 years

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Calls for urgent action as nearly a third of freight rail volumes lost in 5 years
The African Rail Industry Association (ARIA) has highlighted the urgent need for action as South Africa's railways face terminal decline. ARIA chairperson, James Holley, said Transnet is anticipated to have moved between 155 and 160 million tonnes in the financial year ending 31 March 2023 – representing a more than 30% decline from the 226 million tonnes moved in 2018...
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