Home
FacebookSearchMenu
  • Subscribe
  • Subscribe
  • News
  • Features
  • Knowledge Library
  • Columns
  • Customs
  • Jobs
  • Directory
  • FX Rates
  • Categories
    • Categories
    • Africa
    • Air Freight
    • BEE
    • Border Beat
    • COVID-19
    • Crime
    • Customs
    • Domestic
    • Duty Calls
    • Economy
    • Employment
    • Energy/Fuel
    • Events
    • Freight & Trading Weekly
    • Imports and Exports
    • Infrastructure
    • International
    • Logistics
    • Other
    • People
    • Road/Rail Freight
    • Sea Freight
    • Skills & Training
    • Social Development
    • Sustainability
    • Technology
    • Trade/Investment
    • Webinars
  • Contact us
    • Contact us
    • About Us
    • Advertise
    • Send us news
    • Editorial Guidelines

Spoornet committed to reclaiming its share of Durban - Jo'burg traffic

03 Aug 2007 - by Staff reporter
0 Comments

Share

  • Facebook
  • Google+
  • LinkedIn
  • E-mail
  • Print

SOYA MAGIDA
WHILE COEGA and coal have garnered a major
share of Spoornet’s R 34.8 bn budget over
the next four years, finance executive Johan
Bouwer reiterated the rail utility’s commitment
to reclaiming its market share on the Durban-
Johannesburg corridor when he addressed delegates
at the recent Southern African Transport Conference
in Pretoria.
Bouwer said the majority of the rail utility’s
new locomotives would be used to boost the
capacity of the ailing General Freight Business unit
(GFB).
Last year the unit transported 80-million tons of
freight, and the plan is to increase to volumes to
106- million by 2011.
Last year the rail utility failed to cope with the
increasing demands of the growing economy.
According to figures supplied to FTW, rail traffic
grew 0.3% between 1993 and 2004 while road
traffic grew by 5%. The number of new trucks on
South Africa’s roads has increased by 16.5 % in the
past three years whereas the number of wagons
and locomotives has decreased by 33% and 28%
respectively in the same period.
Despite these challenges, Spoornet increased
its revenue 4% to R 14.6 bn in the 2006/7 financial
year. The rail company now has a market share of
10%.
Tumi L ekgethe, Spoornet executive for
customer care, says the plan is to claw back lost
business opportunities and grow the market share
up to 30%. in the next five years.
To achieve this objective, the rail utility has
placed orders for 142 (110 coal line and 32 iron
ore) new locomotives while tenders have already
gone out for a further 212 locomotives and are at
the negotiation stage.
Lekgethe says the new acquisitions and improved
operational efficiencies will enable the company to
move about 226 million tons of freight from 2012.

Sign up to our mailing list and get daily news headlines and weekly features directly to your inbox free.
Subscribe to receive print copies of Freight News Features to your door.

Gauteng 2007

View PDF
Golf course design creates lucrative niche
03 Aug 2007
RFA disputes rail’s unfair advantage
03 Aug 2007
Industry voices concern over cost of new toll roads
03 Aug 2007
Security solutions demand innovation from agents
03 Aug 2007
New Atlanta hub cuts transit for groupage from US
03 Aug 2007
Skills development a priority – Shilowa
03 Aug 2007
‘Diversification is key to Gauteng’s growth aspirations’
03 Aug 2007
New groupage contender enters the market
03 Aug 2007
Spoornet committed to reclaiming its share of Durban - Jo'burg traffic
03 Aug 2007
‘Gautrain has absorbed scarce skills and resources’
03 Aug 2007
New office set up in Pretcon
03 Aug 2007
Strongest ever anti-crime partnership hopes to make a difference
03 Aug 2007
  • More

FeatureClick to view

Cold Chain Logistics 4 July 2025

Border Beat

Forum tightens net against border corruption
25 Jun 2025
Police clamp down on cross-border crime
17 Jun 2025
Zim's anti-smuggling measures delay legitimate freight operations
06 Jun 2025
More

Poll

Has South Africa's ports turned the corner?

Featured Jobs

New

Road Logistics Pricing Specialist

Tiger Recruitment
East Rand
02 Jul
New

Operations Manager

Lee Botti & Associates
Cape Town
02 Jul
More Jobs
  • © Now Media
  • Privacy Policy
  • Freight News RSS
  • About Us
  • Advertise
  • Send us news
  • Contact us