Traxtion News

Private locomotive and rail operator Traxtion Sheltam and Austria-based railservices company Railway Material and Resources (RMR) have signed an agreement to create a joint venture (JV) called RMR Africa, that will distribute rail parts across the African continent....

Sheltam, prior to its recent change in name to Traxtion, was and continues to be well known for the leasing of rolling stock, with a fleet of 45 locomotives, 100 wagons and 10 cabooses, ready to go. Last October, following the investment by Harith through the Pan...

Across the developed world, industries and entire economies rely on rail to move vast volumes of goods efficiently and cost-effectively. In recent years, we’ve seen significant investment in Africa’s rail infrastructure in an effort to tap into rail’s ability to...

For rail operators, annuity type income flows are the sweet spot of the business. As we like to say in the industry, it’s the fleet in the field that earns the return. So why, then, would Traxtion Sheltam invest in a new 50 000 sq m property in Rosslyn, north of...