VLI AND CODEBA FORMALIZE INTENTION TO INCREASE JOINT OPERATIONS IN BAHIA

VLI, the manager of the Center-Atlantic Railway, and the Companhia Docas do Estado da Bahia (Codeba) signed an Agreement Memorandum in the first quarter of January, ratifying both companies’ intention to expand their joint operations in the state of Bahia. VLI and Codeba will then collaborate to conduct feasibility studies in order to prospect potential new deals that can supplement the volumes already handled by the logistics operator destined for Bahia’s ports. The Minas-Bahia corridor, a logistics branch operated by VLI facilitates the flow of inputs to the coast of Bahia due to a unique characteristic: its vocation to transport general cargo. The branch regularly handles petroleum products, lime, chemicals, iron ore, chromium ore, magnesite ore, cement, and containers. From January to June 2021, the company handled approximately 4 million tons through the corridor, a volume that was 32% higher than in the same period the previous year.

Source: Datamar News