Brazilian railway jumping into intermodal sector
The Northeast Brazilian railway company CFN, responsible for building and operating the country’s Transnordestina railroad, plans to create a multimodal transport system in the region, Brazilian press reported this week.
“CFN’s ultimate objective is not the railroad,' Tufi Daher, CFN was quoted in a Business News Americas report. 'We want to transport cargo from the producer to the ship, irrespective of how.”
CFN is studying construction plans for grain and mineral terminals at Suape in Pernambuco state and Pec'm in Cear' state, as well as a dry port in Tersina in the state of Piau', the news agency reported.
The company’s plans to venture into other logistics operations arise out of a need to expand its profitability and compensate for a difficult economic situation, Daher said.
“The operating margin in the northeast is very low,' Taher said. 'Besides the volume transported being lower, the costs are high because the network is in worse condition than others in the country.'