Transnet Freight Rail to Handle Transport of Toyota Vehicles

Transnet Freight Rail, a unit of South Africa’s Transnet SOC Ltd., signed an agreement with Toyota SA Motors under which the rail operator will handle the transportation of certain locally manufactured and imported Toyota vehicles.

Toyota Motor Corp. (7203)’s South African unit commented in an e- mailed statement today.

To contact the editor responsible for this story: Alastair Reed at areed12@bloomberg.net

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