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Volume of goods transported rises
The rise in volume saw income from freight transportation jump by 18.1% y/y to R7.9bn. The income from freight transportation for the three months ended November 2011 increased by 18.1% y/y. The 18.1% y/y rise in income was driven largely by primary mining and quarrying products (33.3% y/y), followed by manufactured food, beverages and tobacco products (11.3% y/y) and other freight (17.4% y/y).
The number of passengers transported by land rose by 7.4% y/y to 75 million. This produced a 10.6% y/y rise in income to R743m.
The income from passenger transportation for the three months ended November 2011 increased by 11.9% y/y, while the number of passengers increased by 7.3% over this period.
The main contributor to the 11.9% y/y rise in income from passenger transportation for the three months ended November 2011 was road passenger transportation (11.6%) and railway passenger transportation (13.0% y/y).
Source: I-Net Bridge
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