Rumo Logística
Parent Cosan | | |
| Subsidiaries | Brado Logística | |
|---|---|---|
| Website | rumolog.com | |
Rumo, formerly known América Latina Logística (ALL), is a Brazilian logistic company, mainly focused in the
It is also involved in lease of railroad equipment to third parties, and offers road transport services in Brazil through "América Latina Logística Intermodal S.A."
History
Predecessor company América Latina Logística was founded as "Ferrovia Sul Atlântico" in 1997 and is headquartered in
The company assumed its current name after acquisition of its Argentine railway interests in 1999.[4] There it partnered with Railroad Development Corporation and the Argentine government until June 2013 in the operation of two freight services:
- "ALL Mesopotámica" operated the 1,435 mm (4 ft 8+1⁄2 in) private company "Ferrocarril Mesopotámico – General Urquiza S.A." on October 22, 1993.[5]
- "ALL Central" operated the 5 ft 6 in (1,676 mm) San Juan. Those lines had become part of the state-owned San Martín Railway after nationalisation. The 5,284 km (3,283 mi) had been previously operated by private company "Buenos Aires al Pacífico S.A." (BAP) that took over on August 26, 1993.[5]
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 of Trenes Especiales Argentinos, which had operated passenger services on the General 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 handled
In 2014, ALL merged with Rumo (owned by Brazilian conglomerate Cosan) to form a company valued at R$11,000 million.[10]
See also
References
- ^ ALL 2010 revenues increase for R$ 2.7/ USD 1.7 Billion
- ^ ALL 2010 net income jumps 591% for R$239.9/USD 151.8 Million
- ^ Firmas de logística ALL y Rumo, cerca de acuerdo fusión: medio at Reuters.com, 14 Feb 2014
- ^ [http://bibliotecadigital.econ.uba.ar/download/tpos/1502-0059_FelderR.pdf La Privatización de los ferrocarriles en Argentina: el nuevo rol del Estado] at Universidad de Buenos Aires Library
- ^ a b "El Gobierno rescinde el contrato del Tren de la Costa y del Parque de la Costa", Apertura.com, 4 Jun 2013
- ^ El Gobierno exige $ 132 millones a empresas de trenes por multas impagas at Cronista.com, 28 Aug 2013
- ^ Argentina Seizes Railway From Brazil’s ALL Over Contract Breach, Bloomberg.com, 2013-06-04
- ^ Desde TEA quieren volver con el tren y espera el llamado del Estado Spanish) - Territorio Digital, 22 September 2015.
- ^ Ferrari, Gustavo (4 February 2013). "Brado orders 600 more AmstedMaxion wagons". International Railway Journal. Retrieved 2013-06-03.
- ^ RUBENS OMETTO SILVEIRA MELLO, PRESIDENTE DE COSAN - Dulce Señor by Juan Manuel Compte on Econojournal.comar, 16 Jul 2018
External links
- Official website
(in English)
