South Africa's freight sector is gearing up for a significant shift as private rail operator Traxtion confirms a R3.4 billion investment in new diesel-electric locomotives, its largest commitment yet.
The move comes at a turning point for the country's long-awaited rail reforms, which are gradually opening the network to private operators.
In its announcement, Traxtion said the incoming fleet would strengthen South Africa's freight capacity, ease pressure on Transnet's aging infrastructure, stimulate local economic activity, and accelerate private participation in a sector that has battled years of decline Moneyweb .
