Transnet to meet OEMs this month in bid to reach settlement on ‘unlawful’ locomotive contracts

State-owned logistics group Transnet will, during the course of April and May, seek to secure “just and equitable” negotiations with the four original equipment manufacturers supplying it with 1 064 diesel and electric locomotives under a R49-billion procurement programme concluded in 2015. General Electric was awarded a contract to supply 233 of the 365 diesel locomotives ordered, while China North Rail was contracted to supply the 232. China South Rail was awarded a contract for 359 of the 599 electric locomotives ordered, with Bombardier Transportation to supply 240.