Rail freight volumes on the up
The national rail carrier is slowly but surely turning the tide in its quest to become a profitable entity.
05 November 2019 | Infrastructure
The company's chief executive officer, Johny Smith, told the Walvis Bay Corridor Group's (WBCG) communications department that the national railway operator achieved this through becoming more efficient in their business procedures.
“We looked at our train operations and schedules and started building up trains to a fuller length to accommodate bigger capacities.”
Smith added that while the company is still operating at a loss, it is less than before.
“We now have more funds available to re-invest and maintain our locomotives and wagons which form part of our rolling stock.”
According to TransNamib's commercial executive, Hippy Tjivikua, the shipment of manganese from Lüderitz to China has also promoted more opportunities such as the export of iron ore, grapes and containers.
“Through our road-to-rail strategy we want to further position railways to increase its market share to at least 70% of freight,” he emphasised.
TransNamib provides specialised bulk-transport services to most major economic sectors in Namibia. The company's core business focuses on bulk freight logistics solutions designed for customers in the mining, construction, building material, bulk fuel, liquids, agriculture and heavy machinery industry.