• Categories
  • Archives

Brazil’s Amí©rica Latina Logí­stica Earns US$ 866 Million, a 22% Growth

Brazil's America Latina LogÀ­stica, ALL Brazil's logistics operator América Latina LogÀ­stica (ALL) had a 14.7% increase in transported volume in the first half of this year, with 17.8 billion tons per available ton kilometer (ATK). In Brazil, the company transported 16 billion ATKs, representing growth of 18.2%.

The company's gross revenues totaled 1.4 billion reais (US$ 866.2 million) in the first six months this year, growth of 21.6% over the same period last year.

"We proceeded with our operational upgrading process in northern roads, and we also increased trustworthiness in the company's assets as a whole, making up for the adverse scenario in Argentina," stated the director for finance and investor relations at ALL, Sérgio Pedreiro, in a press release.

In the agricultural area, the company transported a volume 20.1% greater in the six-month period. The volume of wheat transported grew 156%, sugar, 31%, and soy complex (grain, oil and chaff), 21%. At the industrial unit, transported volume increased 14%, mostly due to good performance in the cement and fuels sectors.

In the second quarter this year, ALL grew 15.2% in consolidated volume, from 8.6 billion to 9.9 billion ATKs. The result was driven by an expansion of 18.6% in volume by ALL Brazil. In the first half, investment totaled 325 million reais (US$ 201.1 million). The bulk of investment consisted of the purchase and refurbishment of 1,450 wagons and 50 locomotives.

"We have already earmarked 70% of our capacity in 2008 for take-or-pay contracts. The positive market scenario should result in growth of 12% to 14% in company turnover in 2008," claims Pedreiro.

ALL is the largest logistics operator with a railway base in Latin America. The company transports cargo for clients in various segments such as agricultural commodities, inputs and fertilizers, fuels, civil construction, forestry, steel industry, hygiene and cleaning, electric and electronic devices, automobiles and auto parts, chemicals, petrochemicals and beverages. The company offers a broad range of logistics services.

Anba

Tags:

  • Show Comments (0)

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Ads

You May Also Like

US and EU Must Cut Their Own Flesh, Brazil Argues at WTO Meeting

The ministerial meeting of the World Trade Organization (WTO) in Geneva this weekend was ...

LETTERS

A poll by Berlin-based Transparency International with international businessmen from around the world has ...

Chinese pencils, garlic, fans… Brazil Bars This and Much More

China suffers the largest number of trade protection measures applied by Brazil. 12 of ...

British Minister in Brazil. WTO Main Theme in the Agenda.

Ian Pearson, British Minister of Trade, Industry, and Investment, arrives in Brazil today to ...

Bulls Continue on the Loose in Brazil

Brazilian shares continued to roar higher on bullish sentiment, while profit-taking took a hold ...

Follow the Leader

A Lula victory will allow Brazil, in alliance with some of the U.S.’s adversaries, ...

Ahmadinejad’s Provocation in Brazil: US and Israel Have no Courage to Attack Iran

Is Mahmoud Ahmadinejad, the president of Iran, worried about a possible military attack by ...

A Virtual Market of Eco-Friendly Amazon Products

Through the National Forest Program, Brazil’s Ministry of Environment is participating in Fashion Rio ...

With Nepotism Banned in Brazil by Supreme Scores Lose Jobs in Courts

By a vote of 9 to 1, the Brazilian Supreme Court (Supremo Tribunal Federal) ...

Best-seller Books, Plays and Movies

By Brazzil Magazine Alice Através do Espelho (Alice Through the Looking Glass)—Based on Lewis ...