Transnet and labour have agreed to reconvene today at 16h00 local time.
Transnet has maintained its senior teams at command centres throughout the country to ensure that recovery plans are put in place to make up for backlogs accumulated during the strike.
Meanwhile, Transnet spokesman John Dludlu issued a statement in response to union comments that the company had given workers a 7% increase last year while giving executives a 14% increase.
"This statement is untrue and malicious. Over the last three years, increases to executive remuneration have averaged 5.6%. In fact, last year, all management accepted a zero percentage increase for the first six months of the financial year and 5% implemented on October 1, 2009 - an effective 2.5% for the year."
The strike has disrupted South Africa's rail and port operations, and Transnet is applying the "no work, no pay" principle.
"When Transnet stops, South Africa stops," said Chris Wells, Transnet's acting group chief executive. "I invite all our employees to return to work and not lose any more money as our offer is fair and generous. In the meantime, we are working tirelessly to reach an agreement with our unions."
