Traxtion Doubles Fleet as 120-Year South Africa Rail Monopoly Ends
Private South African freight-rail operator Traxtion will invest 3.4 billion rand ($199 million) in locomotives and wagons, almost doubling its fleet as the country’s more than century-old state rail monopoly...
By Antony Sguazzin, Loni Prinsloo · Bloomberg
Private South African freight-rail operator Traxtion will invest 3.4 billion rand ($199 million) in locomotives and wagons, almost doubling its fleet as the country’s more than century-old state rail monopoly comes to an end.