Source: DTN, Alastair Stewart South America Correspondent
VLI, a Brazilian logistics operator, announced it had opened two new grain terminals in the northern state of Tocantins, continuing the improvement in logistics in Brazil’s expansion regions.
The terminals serve the north-south railroad, also essentially controlled by VLI, on which beans and corn from Maranhao, Tocantins, Piaui, Bahia and eastern Mato Grosso will be transported to the northern port of Itaqui.
The R$264 million ($73 million) investment will increase grain capacity along the north-south route by up to 6 million metric tons (mmt), estimates VLI. Read more