Transnet
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Transnet | |
Type | State owned enterprise SOE |
---|---|
Founded | 1990 |
Headquarters | Johannesburg |
Key people | Mr. F. Phaswana, Chairman Ms. M. Ramos, Group Chief Executive Mr. L. van Niekerk, COO Mr. C.F. Wells, CFO |
Industry | Train transport Port management Logistics Pipeline management |
Products | Transport management services |
Revenue | ~ R26 bn 2006 |
Employees | ~ |
Website | http://www.transnet.co.za/ |
Transnet is a very big South African rail, port and pipeline company. It was formed as a limited company on April 1, 1990. A majority of the company's stock is owned by the Department of Public Enterprises, or DPE, of the South African government. The company was formed by restructuring into business units the operations of South African Railways and Harbours and other existing operations and products.
The business units of Transnet:
- Freightdynamics - road freight, trucking, logistics
- Metrorail - railway operator - suburban passenger commuter rail system
- National Ports Authority - NPA - owns the country's main ports
- Petronet - principal operator of South Africa's fuel pipelines
- Propnet - property investment company
- Protekon - transport infrastructure design
- South African Port Operations (SAPO) - operates and maintains the country's main ports
- Spoornet railway operator - freight and passenger service
- COALlink - coal
- GFB Commercial - general freight
- Luxrail - the Blue Train, the Spier, Rovos Rail
- Orex - iron ore
- Shosholoza Meyl - intercity passenger service
- Spoornet International Joint Ventures - international rail operations
- Transtel - private telecommunications network, forming part of South Africa's second landline telephone operator
- Transwerk - rolling stock maintenance
Its subsidiaries include South African Airways (SAA).