Transnet transported 58-million fewer tonnes of coal, iron ore and other commodities in the 2022\/3 financial year than it did 10 years ago, with coal making up a third of its freight.<\/p>\n\n\n\n
The state-owned entity attributes the reduced rail capacity to underinvestment in network rehabilitation, vandalism and sabotage as well as to disputes over locomotive contracts. <\/p>\n\n\n\n
Its capacity issue is a problem for producers such as Thungela, which may need to stockpile export-bound coal, resulting in fewer tonnes of coal exported and the company losing sales. Such disruptions have severe economic implications for South Africa, one of the world’s leading coal exporters. <\/p>\n","protected":false},"excerpt":{"rendered":"
Transnet transported 58-million fewer tonnes of coal, iron ore and other commodities in the 2022\/3 financial year than it did 10 years ago, with coal making up a third of its freight.<\/p>\n
The state-owned entity attributes the reduced rail capacity to underinvestment in network rehabilitation, vandalism and sabotage as well as to disputes over locomotive contracts. <\/p>\n
Its capacity issue is a problem for producers such as Thungela, which may need to stockpile export-bound coal, resulting in fewer tonnes of coal exported and the company losing sales. Such disruptions have severe economic implications for South Africa, one of the world’s leading coal exporters.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[709,1387],"tags":[781,92,784,782,52,785,780,777,779,778,783,632],"newsletter-post":[],"site":[],"class_list":["post-87912","post","type-post","status-publish","format-standard","hentry","category-business","category-the-outlier","tag-coal","tag-economy","tag-exports","tag-iron-ore","tag-kwazulu-natal","tag-kzn-floods","tag-rail-freight","tag-railways","tag-soes","tag-state-owned-enterprise","tag-thungela","tag-transnet"],"acf":{"big_number":"","big_number_caption":"","big_number_link":"","big_number_background":"","big_number_text_colour":"#000000","big_number_icon":false,"big_number_wide":"yes","featured_chart":{"ID":87915,"id":87915,"title":"Transnet-freight-freefall","filename":"Transnet-freight-freefall.png","filesize":86882,"url":"https:\/\/outliereditor.co.za\/wp-content\/uploads\/2024\/06\/Transnet-freight-freefall.png","link":"https:\/\/outliereditor.co.za\/index.php\/2024\/06\/26\/freight-failures-transnets-rail-woes-impact-sas-coal-exports\/transnet-freight-freefall\/","alt":"","author":"7","description":"","caption":"Transnet transported 58-million fewer tonnes of coal, iron ore and other commodities in the 2022\/3 financial year than it did 10 years ago, with coal making up a third of its freight. \r\nThe state-owned entity attributed its reduced rail capacity to underinvestment in network rehabilitation, vandalism, disputes over locomotive contracts, and sabotage.\r\nThis capacity issue is a problem for producers like Thungela, which might need to stockpile export-bound coal, resulting in fewer tonnes of coal exported. Such disruptions have severe economic implications for South Africa, a leading coal exporter. \r\nTransnet's general freight business saw a decrease of 11-million tonnes in 2022\/23 compared with 2021\/22. This was due to a weak economic climate and \u2018operational challenges\u2019.","name":"transnet-freight-freefall","status":"inherit","uploaded_to":87912,"date":"2024-06-26 09:40:39","modified":"2024-06-26 09:55:41","menu_order":0,"mime_type":"image\/png","type":"image","subtype":"png","icon":"https:\/\/outliereditor.co.za\/wp-includes\/images\/media\/default.png","width":1200,"height":1200,"sizes":{"thumbnail":"https:\/\/outliereditor.co.za\/wp-content\/uploads\/2024\/06\/Transnet-freight-freefall-150x150.png","thumbnail-width":150,"thumbnail-height":150,"medium":"https:\/\/outliereditor.co.za\/wp-content\/uploads\/2024\/06\/Transnet-freight-freefall-300x300.png","medium-width":300,"medium-height":300,"medium_large":"https:\/\/outliereditor.co.za\/wp-content\/uploads\/2024\/06\/Transnet-freight-freefall-768x768.png","medium_large-width":768,"medium_large-height":768,"large":"https:\/\/outliereditor.co.za\/wp-content\/uploads\/2024\/06\/Transnet-freight-freefall-1024x1024.png","large-width":1024,"large-height":1024,"1536x1536":"https:\/\/outliereditor.co.za\/wp-content\/uploads\/2024\/06\/Transnet-freight-freefall-1536x1536.png","1536x1536-width":1536,"1536x1536-height":1536,"2048x2048":"https:\/\/outliereditor.co.za\/wp-content\/uploads\/2024\/06\/Transnet-freight-freefall.png","2048x2048-width":1200,"2048x2048-height":1200}},"flourish_chart_id":"","flourish_sub_title":"","flourish_chart_width":"medium","is_newsletter_post":"No","post_style":"owic","show_on_front":"Yes","link_through":"Yes","chart_url":"","background_colour":"#0089AA","text_colour":"#FFFFFF"},"_links":{"self":[{"href":"https:\/\/outliereditor.co.za\/index.php\/wp-json\/wp\/v2\/posts\/87912","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/outliereditor.co.za\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/outliereditor.co.za\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/outliereditor.co.za\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/outliereditor.co.za\/index.php\/wp-json\/wp\/v2\/comments?post=87912"}],"version-history":[{"count":3,"href":"https:\/\/outliereditor.co.za\/index.php\/wp-json\/wp\/v2\/posts\/87912\/revisions"}],"predecessor-version":[{"id":87916,"href":"https:\/\/outliereditor.co.za\/index.php\/wp-json\/wp\/v2\/posts\/87912\/revisions\/87916"}],"wp:attachment":[{"href":"https:\/\/outliereditor.co.za\/index.php\/wp-json\/wp\/v2\/media?parent=87912"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/outliereditor.co.za\/index.php\/wp-json\/wp\/v2\/categories?post=87912"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/outliereditor.co.za\/index.php\/wp-json\/wp\/v2\/tags?post=87912"},{"taxonomy":"newsletter-post","embeddable":true,"href":"https:\/\/outliereditor.co.za\/index.php\/wp-json\/wp\/v2\/newsletter-post?post=87912"},{"taxonomy":"site","embeddable":true,"href":"https:\/\/outliereditor.co.za\/index.php\/wp-json\/wp\/v2\/site?post=87912"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}