Argentina increases use of rail to transport cargo

The use of freight trains in Argentina increased by 19% in the first five months of 2019 compared to the same period last year, having carried 8,363,288 tons between January and May. In the year to date, the most prominent company in rail transport is Trenes Argentinos Cargas (TAC), a company owned by Argentina’s Ministry of Transport, followed by Fepsa.  In the first five months of this year, TAC’s cargo handling rose 95% compared with the same period in 2015 (2.1m tons instead of 1.05m tons).

Investments

Belgrano Cargas – an Argentinian railroad company – increased its network by 700 km, to 1,700 km. The US$3bn investment required for this was the largest in the country in recent times.

Trenes Argentinos Cargas invested in renovating its fleet, gaining 3,500 wagons and 107 new trains.

During the G-20 summit, a trade agreement with the Chinese company CRCC was signed by Argentina for the renewal of the San Martín Line. With an investment of US$1.09m, 1,020 kilometers of rail will be recovered, linking the Cuyo region to the ports of Rosario and Buenos Aires. The works are expected to generate 3,800 jobs.

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