Exporters hit as cable theft halts Transnet freight trains

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Mining commodities, motor vehicles and agricultural products have been the worst affected

Transnet has cancelled about 177 freight trains a month due to a spike in the theft of overhead cables over the past nine months, the company said on Friday.

Exporters of mining commodities and agricultural products, mainly grain, as well as motor vehicles for export have been the worst affected by train cancellations and delays.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

Source: Car News Wire (carnewswire.net)

 

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