Aug 18

Transnet CEO fears major job losses in trucking industry if rail improves

South Africa’s surge in trucking, that’s emerged largely due to higher coal prices and train bottlenecks, may lead to catastrophic job losses in the road transport sector when factors ease. This is according to the head of the state-owned port and rail company. News24 reports the logistic problems faced by Transnet — from locomotive shortages to vandalism — have forced miners to choose the more expensive option of trucking commodities to the coast to take advantage of higher prices. Over 3 500 trucks per day carry mined products across the nation’s roads, more than double such traffic in 2020, according to Minerals Council South Africa.