Log-In Reports Record Revenue and Container Throughput in 2024

Log-In Logística Integrada, a leading provider of integrated logistics solutions for port operations, road transport, coastal, Mercosur, and feeder shipping, released its financial and operational results for Q4 2024 and the full year on February 26.

The company posted a historic record in net operating revenue (ROL), with growth across all business segments. Annual revenue reached R$ 2.79 billion in 2024, a 19.5% increase from R$ 2.33 billion in 2023. In Q4 2024 alone, revenue soared to R$ 784.9 million, up 30.5% from R$ 601.5 million in the same period of the previous year.

Log-In also set a new record in container throughput, moving 732,600 TEUs, a 55.2% increase over 2023.

Other key milestones included:

• Third place in ANTAQ’s 2024 Regulatory Compliance Award
• Recognition among the world’s 500 fastest-growing sustainable companies in 2025 by TIME magazine
• Completion of the Vila Velha Port Terminal (TVV) retrofit, boosting operational productivity by 39% in Q4 2024

According to Log-In CEO Márcio Arany, these results reflect the company’s sustained growth trajectory.

“Log-In has experienced continuous evolution in recent years, and 2024 was no exception. Our revenue growth and record-breaking volumes highlight our ability to innovate and adapt, even amid industry challenges,” Arany stated.

Coastal Shipping

Log-In’s coastal shipping operations reinforced the company’s solid market position. In Q4 2024, net operating revenue in this segment jumped 36% year-over-year, reaching R$ 476.8 million. Full-year revenue also hit a record R$ 1.72 billion, reflecting 25.5% annual growth.

Container throughput also hit new highs, with 732,600 TEUs moved in 2024—a 55.2% increase from 2023. The feeder service recorded its strongest fourth-quarter performance, handling 121,800 TEUs, driven mainly by:

• The Shuttle Navegantes service, launched in May 2024
• Contingency cargo demand from international carriers amid congestion at Brazilian ports

Log-In’s Vice President of Finance and Investor Relations, Pascoal Gomes, emphasized that the strong financial results reflect the company’s effective strategic decisions.

“Our financial discipline and commitment to operational efficiency ensured structured and sustainable growth throughout the year, with consistent gains each quarter,” Gomes noted.

Vila Velha Port Terminal (TVV) Achieves Record Growth

TVV also posted record-breaking results, with annual net operating revenue of R$ 437 million, up 24.6% from 2023. A key driver was an additional R$ 59.1 million in storage revenue recognized in Q4 2024, stemming from a final court ruling on past cargo abandonment cases involving Brazil’s Federal Revenue Service.

Container throughput at TVV rose 21.4%, reaching 228,700 boxes in 2024. Following the completion of the terminal retrofit in September 2024, operational productivity surged 39%.

Key cargo highlights included:

• Flat-rack container imports of electric vehicles
• Strong coffee export volumes

According to Log-In’s Terminal Director Gustavo Paixão, the TVV retrofit was crucial for expanding the terminal’s operational capacity.

“We now have a modernized and more efficient infrastructure capable of meeting the industry’s rising demand. This investment strengthens our competitiveness and allows us to provide top-tier service while contributing to Espírito Santo’s economic growth,” Paixão said.

Road Freight Operations: Growing Synergies

Log-In deepened its operational integration with Tecmar Transportes in Q4 2024, handling 51,000 containerized operations between the two companies throughout the year.

The road freight segment’s annual revenue grew 4.5%, reaching R$ 578.2 million.

Since 2024, Tecmar has been undergoing a turnaround process, with investments focused on:

• Expanding its truck fleet to support Log-In’s container transport operations
• Modernizing eight strategically located branches
• Restructuring its organizational framework, including new leadership roles to boost productivity and service quality

According to Tecmar Executive Director Maurício Alvarenga, these improvements have streamlined operations and enhanced customer service.

“The challenge now is to further expand our capabilities and solidify our position as a market leader,” Alvarenga concluded.

ESG Commitments and Industry Recognition

Since 2020, Log-In has pursued an ESG agenda aligned with long-term business sustainability.

As a result, in 2024, the company:

• Ranked among TIME magazine’s 500 fastest-growing sustainable companies
• Won third place in ANTAQ’s 2024 Regulatory Compliance Award
• Launched various sustainability-focused events and initiatives

Log-In’s ESG roadmap, developed in partnership with company leadership, remains a core strategic priority, driving innovation and positive environmental and social impact across the organization.

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