State-owned Transnet Group chief business development officer Yolisa Kani has said calls for applications for private train operators wanting to access the freight rail network are likely to open ...

At the 2024 South African Heavy Haul Association (SAHHA) Conference, Mr Andile Hesperus Sangqu, Chairperson of Transnet, outlined the company’s strategic priorities and the critical challenges it ...

HOUSTON, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT, “Fr8Tech” or the “Company”), a logistics management innovation company ...

"The strategic partnership between Petredec and Transnet Freight Rail marks a significant step in improving LPG accessibility in South Africa," Jonathan Fancher, CEO of Singapore-headquartered ...

Wells Fargo analyst Christian Wetherbee maintained a Sell rating on Old Dominion Freight (ODFL – Research Report) today and set a price target of $175.00. The company’s shares closed yesterday ...

Among other challenges Transnet faces are an ageing fleet, high network vandalism and theft, underinvestment, issues it must deal with in addition to the current macroeconomic environment.

Transnet has reported increased losses of up to R7 billion for the current year from R5.1 billion reported last year. The state-owned freight rail and port company says its losses were exacerbated by ...

has started to partner with Transnet to solve critical rail bottlenecks. Transnet Freight Rail (TFR) CEO Russell Baatjies recently told the SA Heavy Haul Association conference in Johannesburg ...

Transnet SOC Ltd. posted a loss of 7.3 billion rand ($408 million) in the year through March, compared with a restated 5.1 billion-rand loss in 2023. Its freight-rail business — the largest ...

NDB president Dilma Rousseff said they were delighted to partner with Transnet in this “transformative initiative”. “By modernising the freight rail sector, we aim to facilitate more ...

TRANSNET has secured a R5bn loan from the New Development Bank, formerly the BRICS Development Bank, for the modernisation of its freight rail infrastructure. “This investment is important for ...