Transnet train smash: Yet another derailment adds to long line of disasters | Business

Yet another derailment has hit rail services on the iron ore corridor from Sishen in the Northern Cape to Saldanha.The line experienced a derailment earlier this month, while the North Corridor has also been hit by such incidents.Transnet's iron ore rail corridor has been hit by yet another derailment – this time in an incident upending 15 wagons in the early hours of Wednesday morning, causing all services on the mainline to be suspended.

The derailment is the latest in a string of such incidents, which continue to trouble Transnet's network, negatively impacting operational performance. In February, SA's largest iron ore producer, Kumba Iron Ore, adjusted its production outlook for the next three years to reflect lower-than-expected Transnet rail performance.

Two derailments impacted the line in May, one of which saw 56 wagons derail and involved an operational safety issue.Business Briefing A major incident in November last year saw 97 wagons derailed on the North Corridor and caused over two weeks of disruption and prompted the rail operator to declare its sixth force majeure in just 18 months.

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Sundowns’ South American business not done yet | KickOffREVEALED | With four South American stars already on their books, Mamelodi Sundowns’ transfer business across the Atlantic Ocean is still not yet done with an official having flown to the part of the world. Read more here ▶️
La source: KickOffMagazine - 🏆 36. / 51 Lire la suite »

Mpumelelo Mkhabela | Business has no business getting involved in functions of the state | News24OPINION | President Cyril Ramaphosa has authorised the establishment of three workstreams to tackle South Africa's major crises. MMkhabel writes that there are serious risks to this initiative.
La source: News24 - 🏆 4. / 80 Lire la suite »

Telkom posts flat revenue as legacy business suffersDecline in traditional copper-based voice services and ongoing interrupted power supply see Telkom Group report 0.9% revenue growth for the year ended March.
La source: ITWeb - 🏆 45. / 51 Lire la suite »