With an aggressive goal of transporting 130 million tons this year, MRS Logística hopes to count with 58 new locomotives and 800 cars in its fleet until the end of 2007. The company has just received 24 used machines imported from Mexico and other 14 will arrive closely. After internation, the locomotives are revamped and regauged to enter the rails.
The railroad, that published its results of the first quarter on May 4, with a net profit of U$ 60.5 million, will also receive the first two lots of zero km machines acquired from General Electric, model C-38, of 3,8 thousand HP, starting on July. Ten units will arrive every time, costing US$ 2 million each one. The whole package includes the acquisition of 50 locomotives.
Along the year, the company, whose rails cut the states of Minas, Rio and São Paulo, has plans for investing a total of US 350 million.
The challenges for this year, explains Júlio Fontana Neto, CEO of MRS, goes from the increase of iron ore transport to general freight, soybean, sugar, steel and cement. For the shipper CSN, for instance,at least 5 million tons are foreseen of ore acquired from third parties and destined to export through port of Sepetiba. The plant of CSN, in Volta Redonda, will demand more ore this year, as well as coal and coke.
In iron ore, Vale do Rio Doce and its controlled company MBR also have plans to increase the shipments abroad through the terminals of Sepetiba and Guaíba, both in the coast of Rio.
From January to March, MRS transported a total of 27.8 million tons, 11% more than in equal period of 2006.
“In April we already did more than 10 million tons; we hoped to do 11.5 million in May and our plan is to reach the rhythm of 12 million starting from June, Fontana says. Our goal projects 16 million tons more than in 2006”.
From mid 2003, the company is obtaining profit below the line. The operational result – of US 231, 5 million in the first quarter – overcomes, in margin, the results of a many companies in Brazil.
The liquid income of MRS, strongly sustained by the iron ore transport and other loads for its own shareholders – CSN, MBR, Vale, Usiminas and Gerdau – added US 480.4 million, 17% the more in relation to a year ago.
Click here to see the MRS balance sheet.
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