HIDROVIAS DO BRASIL TO EXPAND ITS PARTICIPATION IN BRAZIL’S NORTHERN ARC REGION

Hidrovias do Brasil wants to expand its logistics operation to the northern arc of Brazil. To this end, the company, which already has a strong presence in the transportation of grains through the region, plans to expand its current infrastructure, create new routes, and even participate in BR-163 and Ferrogrão bids, with minority participation, to guarantee its competitiveness. “The year 2020 marked the consolidation of the northern arc as an outflow for production from Mato Grosso. The region’s ports now account for more than 50% of exports, surpassing the Santos route. This is a very big structural change, which will only advance because the growth of agricultural production will be concentrated in the north of the state ”, says the company’s president, Fabio Schettino. The route is the main business of Hidrovias do Brasil. The journey begins by truck, leaving Mato Grosso to a transshipment station in Miritituba (PA). From there, the cargo goes by waterway to the Private Use Terminal (TUP) in Vila do Conde (PA). Last year, movement on the route skyrocketed. The volume transported by the company rose 46% in comparison with 2019. The increase was stimulated by the drop in road freight on the BR-163, after the asphalting of the road at the end of 2019. The improvement in road conditions made the northern arc more competitive.

Source: Valor Econômico/Datamar News