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Rumo Logística

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

Rumo Logística
FormerlyAmérica Latina Logística
TypeSociedade Anônima
  • B3: RAIL3
Ibovespa Component
IndustryTransport
Founded2008; 15 years ago (2008)
HeadquartersCuritiba, Brazil
Area served
Brazil
Key people
João Alberto Fernandez de Abreu, (CEO)
ServicesIntermodal freight transport
Revenue US$ 1.7 billion (2018) [1]
US$ 70.3 million (2018) [2]
Number of employees
8,500
ParentCosan
SubsidiariesBrado Logística
Websiterumolog.com

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 edit

Predecessor company América Latina Logística was founded as "Ferrovia Sul Atlântico" in 1997 and is headquartered in Curitiba, Paraná state. Pursuant to a privatization process it began operating lines in Paraná, Santa Catarina, and Rio Grande do Sul. It began operations in São Paulo state in 1998, and later (2001) acquired Delara Ltda, a Brazilian logistics company also operating in Argentina, Chile, and Uruguay. Operations were extended to Mato Grosso and Mato Grosso do Sul through acquisition in 2006. There are connections with the standard gauge rail networks in Paraguay and Uruguay and with the 1,000 mm (3 ft 3+38 in) metre gauge network in Brazil.[citation needed]

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:

 
Diesel-electric locomotive GE C30-7 in former ALL 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 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 intermodal freight.[9]

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

See also edit

References edit

  1. ^ ALL 2010 revenues increase for R$ 2.7/ USD 1.7 Billion
  2. ^ ALL 2010 net income jumps 591% for R$239.9/USD 151.8 Million
  3. ^ Firmas de logística ALL y Rumo, cerca de acuerdo fusión: medio at Reuters.com, 14 Feb 2014
  4. ^ [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
  5. ^ a b "El Gobierno rescinde el contrato del Tren de la Costa y del Parque de la Costa", Apertura.com, 4 Jun 2013
  6. ^ El Gobierno exige $ 132 millones a empresas de trenes por multas impagas at Cronista.com, 28 Aug 2013
  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 Spanish) - Territorio Digital, 22 September 2015.
  9. ^ Ferrari, Gustavo (4 February 2013). "Brado orders 600 more AmstedMaxion wagons". International Railway Journal. Retrieved 2013-06-03.
  10. ^ RUBENS OMETTO SILVEIRA MELLO, PRESIDENTE DE COSAN - Dulce Señor by Juan Manuel Compte on Econojournal.comar, 16 Jul 2018

External links edit

  • Official website   (in English)

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Rumo formerly known America Latina Logistica ALL is a Brazilian logistic company mainly focused in the railway line logistics in Brazil being the largest company in Latin America in this segment 3 The company also provides transportation services such as logistics intermodal transport port operations movement and storage of merchandise administration of storage facilities and general storage Rumo LogisticaFormerlyAmerica Latina LogisticaTypeSociedade AnonimaTraded asB3 RAIL3Ibovespa ComponentIndustryTransportFounded2008 15 years ago 2008 HeadquartersCuritiba BrazilArea servedBrazilKey peopleJoao Alberto Fernandez de Abreu CEO ServicesIntermodal freight transportRevenueUS 1 7 billion 2018 1 Net incomeUS 70 3 million 2018 2 Number of employees8 500ParentCosanSubsidiariesBrado LogisticaWebsiterumolog comIt is also involved in lease of railroad equipment to third parties and offers road transport services in Brazil through America Latina Logistica Intermodal S A Contents 1 History 2 See also 3 References 4 External linksHistory editPredecessor company America Latina Logistica was founded as Ferrovia Sul Atlantico in 1997 and is headquartered in Curitiba Parana state Pursuant to a privatization process it began operating lines in Parana Santa Catarina and Rio Grande do Sul It began operations in Sao Paulo state in 1998 and later 2001 acquired Delara Ltda a Brazilian logistics company also operating in Argentina Chile and Uruguay Operations were extended to Mato Grosso and Mato Grosso do Sul through acquisition in 2006 There are connections with the standard gauge rail networks in Paraguay and Uruguay and with the 1 000 mm 3 ft 3 3 8 in metre gauge network in Brazil citation needed 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 nbsp Diesel electric locomotive GE C30 7 in former ALL livery ALL Mesopotamica operated the 1 435 mm 4 ft 8 1 2 in standard gauge network built by the British owned Entre Rios and East Argentine railway companies which extends north from the city of Buenos Aires into the provinces of Entre Rios Corrientes and Misiones Those lines had become part of the state owned General Urquiza Railway after railway nationalisation in 1948 With the privatisation of the entire railway network in Argentina the 2 739 km 1 702 mi Urquiza Railway was given in concession to private company Ferrocarril Mesopotamico General Urquiza S A on October 22 1993 5 ALL Central operated the 5 ft 6 in 1 676 mm broad gauge network built by the British owned Buenos Aires and Pacific Railway which extends westwards from the city of Buenos Aires into the western provinces of Mendoza and San Juan Those lines had become part of the state owned San Martin Railway after nationalisation The 5 284 km 3 283 mi had been previously operated by private company Buenos Aires al Pacifico 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 intermodal freight 9 In 2014 ALL merged with Rumo owned by Brazilian conglomerate Cosan to form a company valued at R 11 000 million 10 See also edit nbsp Companies portalRail transport in Brazil Rail transport in Argentina Railroad Development CorporationReferences edit 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 logistica ALL y Rumo cerca de acuerdo fusion medio at Reuters com 14 Feb 2014 http bibliotecadigital econ uba ar download tpos 1502 0059 FelderR pdf La Privatizacion 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 Senor by Juan Manuel Compte on Econojournal comar 16 Jul 2018External links edit nbsp Wikimedia Commons has media related to Rumo Logistica Official website nbsp in English Retrieved from https en wikipedia org w index php title Rumo Logistica amp oldid 1153798747, wikipedia, wiki, book, books, library,

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