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Revitalised Transnet Freight Rail grabs growing share of container business.
Byline: Artwell Dlamini
Revitalised Transnet Freight Rail grabs growing share of container business Companies from Woolworths to LG and BMW show the way, writes TRANSNET Freight Rail (TFR) is making a comeback, at least in the container business. The group, formerly called Spoornet, has started grabbing market share from road transport groups, which still dominate. The market share split for road and rail by tons transported stands at 87/13, according to the latest state of logistics survey. However, companies ranging from Woolworths to LG and BMW are entrusting a greater part of their products to TRF, signalling that it is becoming efficient and reliable. If it keeps its …
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