Harsco Rail finds railroad to Mecca (and South Africa, too)
Harsco Rail, Harsco Corp.’s railway track maintenance division, has landed two equipment orders, one in Saudi Arabia, one in South Africa, worth close to $25 million.
Transnet
GE and Transnet innovate in South Africa
GE Transportation and Transnet announced a South Africa partnership on Nov. 15.
Transnet: 1,064 locomotives, $5 billion
Transnet, South Africa’s state-owned freight transport and logistics company, on March 17, 2014 awarded US$4.7 billion in contracts for 1,064 locomotives to four global original equipment manufacturers—General Electric South Africa Technologies (a unit of U.S.-based GE Transportation), CNR Rolling Stock South Africa (Pty.) Ltd., CSR Zhuzhou Electric Locomotive, and Bombardier Transportation South Africa. The acquisition is the largest-ever locomotive supply contract in South Africa’s history and the single-biggest investment initiative by a South African corporation.