Rumo Says No Impact from Coronavirus on Soy Freight

by Roberto Samora
Monday, March 9, 2020

An executive at Brazil's largest railway operator Rumo said soy crushing in China is returning to normal levels after an extended halt, a good sign for logistics operators involved in moving the oilseeds from Brazil's fields to the world's top importing country.

Speaking at an event on Monday, Rumo's Chief Executive João Alberto Abreu said ship line-up data for soy vessels at Brazil's biggest port of Santos is robust, adding the company has not yet seen any fallout from the novel coronavirus outbreak on freight activity. 


(Reporting by Roberto Samora Writing by Ana Mano Editing by Chizu Nomiyama)

Categories: Intermodal Logistics Cargo

Related Stories

BIMCO: 130 Container Ships Stranded in Persian Gulf

Sugar Futures Fall as Oil Prices Slump

Argentina Grain Exports Rise From Strong Harvest

Current News

Russian Oil Producers Threaten Force Majeure Over Baltic Port Attacks

BIMCO: 130 Container Ships Stranded in Persian Gulf

Hapag-Lloyd Earnings Down from Last Year

Transneft Looks to Redirect Oil From Attacked Baltic Ports

Subscribe for Maritime Logistics Professional E‑News