General Electric Partners with Transnet Africa to Create Digital Solution on Goods
South Africa’s state-owned freight and logistics giant Transnet has partnered with global digital industrial leader, GE Transportation, to create a digital solution that will seamlessly connect shippers and transport operators, enabling an efficient movement of goods.
Transnet is the custodian of South Africa’s rail, ports and pipeline networks. The company operates eight commercial ports across the 2051 miles of South Africa’s coastline, 18,827 miles of rail network and some 2,361 miles of pipeline carrying gas and liquid fuels.
Africa’s intracontinental trade has nearly doubled since 1995, and the increasing volume of goods moving through the supply chain is creating transportation and logistical complexities that slow down shipments. To ensure goods reach consumers and businesses more efficiently, Transnet, together with GE Transportation, is implementing a digital solution powered by GE’s Predix, the first operating system for the Industrial Internet.
It will seamlessly connect shippers and transport operators by providing real-time, data-driven insights on the status of shipments. It takes laborious processes like payment, customs and inspection from paper to digital and creates an on-demand solution for transporting freight inspired by consumer on-demand transportation models.
“Optimizing the speed and effectiveness of our supply chain is critical to improving our economy’s health and competitiveness,” said Transnet Group Chief Executive, Siyabonga Gama. “Our partnership with GE Transportation is an important step in moving our operations forward and overcoming our biggest shipping challenges.”
The platform will enable Transnet and its partners to bring products to market faster and for less cost across the vast African landscape, ultimately increasing the opportunity for cross-border trade. It also will digitize transportation and logistics across rail, trucks and ships, encouraging seamless integration throughout the entire supply chain.
“We’re committed to leveraging our digital expertise to drive forward industries and local markets worldwide,” said Jamie Miller, president and CEO of GE Transportation. “We have a rich history of partnership with Transnet and are excited to continue working with them to unlock game-changing potential for the local supply chain that is at the heart of Africa’s global economy.”
Transnet and GE Transportation have partnered since 2009 to manufacture and deliver over 230 Evolution Series diesel electric locomotives, including the “most African” locomotive, which features 55 percent locally produced content.
Read more here