São Paulo – Company América Latina Logística (ALL) should invest around R$ 800 million (US$ 464 million) this year, according to figures disclosed by the company. The group should turn R$ 150 million (US$ 87 million) to completing the expansion of the railway grid between Alto Araguaia and Rondonópolis. The expansion project totals 260 kilometres and total investment is R$ 700 million (US$ 406 million).
Another R$ 650 million (US$ 377 million) should go to organic growth of the line, with improvement, maintenance, technology, terminals for greater safety and productivity of the grid.
Last year, the volume of ALL railway operations rose 8.2% in Brazil. The company transported 42.969 billion tonnes per useful kilometre (TKU). The year was marked by significant improvement in productivity of rolling stock.
ALL is the largest independent logistics service company in Latin America. It operates in areas like domestic and international railway and highway transport, distribution, storage, customized container transport, and transport of iron ore, among others.
*Translated by Mark Ament
