Transnet begins selling major rail slots to third parties

Transnet has opened the sale of slots on two key corridors of its rail network to third parties.

The beleaguered rail service provider announced on Friday that interested and qualified operators are invited to respond.

“This is a significant step in the rail reform process and advances the growing use of rail for freight, as envisaged in the draft National Railway Policy White Paper (2017),” Transnet said in a statement.

The slot system will allow third parties to manage key parts of the railway, but ownership will remain with Transnet.

The Container Corridor which runs between Gauteng and Durban and the South Corridor which runs from Gauteng to East London, is open for this first phase of third party access for a period of 24 months between 2022 and 2024.

“The two corridors are critical to South Africa’s major growing sectors, notably manufacturing, the automotive industry and agriculture,” said Transnet.

The Container Corridor connects the Port of Durban to the economic center of Gauteng through an extensive rail network of approximately 714 km.

The rail link between Transnet’s container terminals in the port of Durban and transnetThe inland terminals of City Deep, Kascon, Pretcon, Kaalfontein and several private accredited sidings in Gauteng are key to expanding the network of customs facilities beyond the port.

“This is critical to supply chain efficiency and to reduce congestion in the Port of Durban.

The South Corridor provides a strategic route between Gauteng and the ports of East London and indirectly Port Elizabeth, which can be customized and configured to meet the unique needs of the rapidly expanding agricultural and automotive sectors, ”explained the railway.

The sale of slots to third party operators expands Transnet’s access to Prasa, approved branch operators, luxury hospitality services provided by Rovos Rail, and blue train and steam train operators to the rail network.

C.compiled by Narissa Subramoney

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