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Rumo Logística

From Wikipedia, the free encyclopedia
(Redirected fromRumo S.A.)
Brazilian logistic company
Rumo Logística
FormerlyAmérica Latina Logística
Company typeSociedade Anônima
Ibovespa Component
IndustryTransport
Founded2008; 17 years ago (2008)
HeadquartersCuritiba,Brazil
Area served
Brazil
Key people
João Alberto Fernandez de Abreu,(CEO)
ServicesIntermodal freight transport
RevenueIncreaseUS$ 1.7 billion(2018)[1]
IncreaseUS$ 70.3 million(2018)[2]
Number of employees
8,500
ParentCosan
SubsidiariesBrado Logística
Websiterumolog.com
2019 North-South Railway Concession Contract Signing Ceremony

Rumo, formerly known asAmérica Latina Logística (ALL), is a Brazilian logistic company, mainly focused in therailway line logistics in Brazil, being the largest company in Latin America in this segment.[3] The company also provides transportation services such aslogistics, intermodal transport, port operations, movement and storage ofmerchandise, administration of storage facilities and general storage.

It is also involved inleasing railroad equipment to third parties, and offers road transport services in Brazil through "América Latina Logística Intermodal S.A."

History

[edit]

Predecessor company América Latina Logística was founded as "Ferrovia Sul Atlântico" in 1997 and is headquartered inCuritiba,Paraná state. Pursuant to a privatization process it began operating lines inParaná,Santa Catarina, andRio Grande do Sul. It began operations inSão Paulo state in 1998, and later (2001) acquired Delara Ltda, a Brazilian logistics company also operating in Argentina,Chile, andUruguay. Operations were extended toMato Grosso andMato Grosso do Sul through acquisition in 2006. There are connections with the standard gauge rail networks inParaguay andUruguay and with the1,000 mm (3 ft 3+38 in)metre gauge network inBrazil.[citation needed]

The company assumed its current name after acquisition of its Argentine railway interests in 1999.[4] There it partnered withRailroad Development Corporation and theArgentine government until June 2013 in the operation of two freight services:

Diesel-electric locomotiveGEC30-7 in formerALL livery

On June 4, 2013, the Argentine government cancelled ALL's concessions due to contract violations by failing to invest and accumulating fines worth 30 percent of the concession.[6][7] The head ofTrenes Especiales Argentinos, which had operated passenger services on theGeneral Urquiza Railway, has publicly supported the decision, claiming that ALL was responsible for the deterioration of the standard gauge network.[8]

ALL operated a subsidiary named "Brado Logistics" which handledintermodal freight.[9]

In 2014, ALL merged with Rumo (owned by Brazilian conglomerateCosan) to form a company valued atR$11,000 million.[10]

On 6 May 2024, Rumo announced a partial interruption of its activities due to the heavy rains and flooding affectingRio Grande do Sul, the country's southernmost state.[11]

See also

[edit]

References

[edit]
  1. ^ALL 2010 revenues increase for R$ 2.7/ USD 1.7 Billion[permanent dead link]
  2. ^"ALL 2010 net income jumps 591% for R$239.9/USD 151.8 Million".Portos e Navios. Archived fromthe original on 2014-03-03. Retrieved2024-06-05.
  3. ^"Firmas de logística ALL y Rumo, cerca de acuerdo fusión: medio".Reuters. 14 February 2014.
  4. ^Felder, Ruth (2000)."La Privatización de los ferrocarriles en Argentina: el nuevo rol del Estado"(PDF).Biblioteca Digital de la Facultad de Ciencias Económicas - Universidad de Buenos Aires. Tesis Posgrado 001502/0059.
  5. ^ab"El Gobierno rescinde el contrato del Tren de la Costa y del Parque de la Costa", Apertura.com, 4 Jun 2013
  6. ^Agencias (2013-08-28)."El Gobierno exige $ 132 millones a empresas de trenes por multas impagas".www.cronista.com (in Spanish). Retrieved2024-06-05.
  7. ^"Argentina Seizes Railway From Brazil's ALL Over Contract Breach".Bloomberg.com. 2013-06-04.
  8. ^"Desde TEA quieren volver con el tren y espera el llamado del Estado".El Territorio Misiones (in Spanish). 22 September 2015. Retrieved2024-06-05.
  9. ^Ferrari, Gustavo (4 February 2013)."Brado orders 600 more AmstedMaxion wagons".International Railway Journal. Retrieved2013-06-03.
  10. ^Compte, Juan Manuel (2018-07-16)."Rubens Ometto Silveira Mello, Presidente de COSAN - Dulce Señor" (in Spanish). Retrieved2024-06-05.
  11. ^"Flooding in southern Brazil disrupts logistics network".The Brazilian Report. 6 May 2024. Retrieved7 May 2024.

External links

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