Transnet Freight Rail (TFR) has made some significant capital investment commitments in 2012 in order to actively grab some of the market share in the automotive sector. According to Thabo Malatsi, senior accounts executive: automotive for TFR, this investment includes the purchase of 350 wagons that will be injected into the fleet in 2012/13 as well as 180 car racks for railing export units over a short distance from the coastal plants to the ports. “Plans are also in place to construct 15 new loading ramps, while at our Kaalfontein Car Terminal several upgrades will be undertaken that will include a state-of-theart IT Terminal Operating System, security, undercover parking and rail infrastructure upgrades to bypass metro line.” Other investments are also planned for the Isipingo Car Terminal where security upgrading will take place as well as the second phase of the terminal upgrade. In addition, the Uitenhage Car Terminal upgrade is also under way.
TFR plans big investments to grab more automotive business
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