Grain handling forecast to increase by 30% at Porto Franco with VLI’s auction of terminal

On October 30, VLI Logística auctioned the operations of an intermodal terminal located in Porto Franco (MA). The asset has grain storage and trans-shipment structures, and the forecast is that the auction will allow cargo handling in the Arco Norte region to grow by more than 30%. VLI will invest more than R$ 20 million between contractual obligations, adequacy, and training over the next 15 years.

In addition to this period, the concession can be renewed for another five years. The works will generate more than 100 jobs in the state and should begin next year.

The expectation is to begin handling grain at the end of 2021. The use of this unit is in synergy with the company’s operations in the state and the asset will be integrated into VLI’s multimodal system that already handles cargo. In recent years, VLI contributed almost R$ 2 billion for the construction of two terminals in Tocantins, the acquisition of locomotives and wagons, and improvements to the railway line. “The new terminal reinforces our strategy to transform the country’s logistics. Last year, at Porto do Itaqui, we handled nearly eight million tons of grain (corn, soybeans, and bran). We believe it is essential to promote the country’s new agricultural frontier and our system is becoming increasingly powerful enough to serve the market”, points out Alessandro Gama, Director of Ports and Terminals at VLI.

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