Join us for this Coffee with the Editor as Traxtion CEO James Holley shares key updates on the company’s fleet expansion, workforce growth, and African market expansion.
Our conversation covers;
- Fleet Expansion – 50 out of 60 locomotives now in operation, with workshop capacity fully booked until August 2024. Slots for third-party rebuilds available in the second half of 2025.
- Workforce Development – 10 apprentices enrolled, 4 graduates qualified as Red Seal diesel-electric fitters, including two women. Traxtion continues to champion gender inclusivity through the Future of Rail is Women campaign and the TraxWagon bursary scheme.
- African Expansion – Ongoing growth into Angola and Namibia, with two GT22 locomotives recently handed over.
- Third-Party Rail Access in South Africa – 1.8 million-tonne rail freight term sheet in December, with further investment dependent on access agreement enhancements.
- Hydrogen Innovation – Collaboration with CMB.TECH to develop Africa’s first hydrogen combustion locomotive via a dual-fuel hydrogen engine conversion on a U20C locomotive.
- Future Outlook – Continued investment in fleet, technology, and private sector rail infrastructure to drive long-term industry growth.
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