Centro-Atlântica railway terminals handle 25 mi tons of agribusiness cargoMar, 23, 2021 Posted by Ruth Hollard
In 2020, the Centro-Atlântica Railway (FCA), controlled by VLI, handled 25 million tons of agribusiness cargo, 27% more than in 2019. The increase follows the trend of the last five years, a period in which this type of cargo was up 189%.
From 2016 to 2020, VLI registered a movement of more than 119 million tons of soybeans, corn, sugar, bran, and fertilizers on the railroad.
In 2020, grains (soybeans, corn, and soybean meal) accounted for 11.6 million tons, fertilizers and inputs totaled 8.1 million tons, and sugar exceeded 5.3 million tons. These items are moved via the connections between FCA and four multimodal terminals located in Minas Gerais, São Paulo, and in the coastal areas of Espírito Santo and São Paulo.
Agribusiness was one of the factors responsible for FCA’s profitable results in 2020. Last year, considering all segments drained by the Centro-Atlântica Railway, 39.55 million tons were handled, compared to 36.04 million in the previous year, a growth of 9.7%. In the comparison between 2016 and 2020, the cargo flow grew 28.8%. Net revenue from these operations jumped from R$ 2.42 billion in 2019 to R$ 2.69 billion in 2020, which represents an increase of 11%. FCA’s positive financial balance of operations is the result of the increase in the volume transported via the network during the period.
Source: Portos e Navios
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- Economy Jun, 29, 2019 0
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