Overview of Transnet Freight Rail
Introduction
Transnet Freight Rail is part of Transnet Limited, a public company with the South African government as its sole shareholder.
Transnet Limited, operating and controlling South Africa’s major transport infrastructure, is also responsible for ensuring that the country’s transport industries operate according to world-class standards. Transnet forms an integral part of the Southern African economy.
- Moves 17% of the nations freight annually
- 100% of export Coal
- 100% of export Iron Ore
- 30% of the core network carries 95% of freight volumes
- Annual revenues of over R14 billion (U$ 2.2bn)
- R35 billion capital investment over the next 5 years
- 25 347 employees system wide