Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

ALL Declines as Brazil to Cut Freight Rates as Much as 40%

ALL America Latina Logistica SA, Latin America’s largest railroad company, fell in Sao Paulo after Brazil said it will enact freight rate methodology changes that could cut prices as much as 40 percent.

ALL dropped 0.8 percent to 9.42 reais at the close of trading after earlier sinking as much as 2.5 percent. The benchmark Bovespa index rose 0.8 percent.

Brazil’s land transportation agency, known as ANTT, said in a statement that it plans to adjust the formula for calculating the maximum rates railroad companies are allowed to charge. The changes may lower rates by as much as 40 percent, said a press official at the agency who asked not to be identified in accordance with internal policy.

“We still haven’t had access to the details of this new methodology, but the end result of it will inevitably be the reduction of the maximum allowed tariff for all the concessions,” Renata Faber and Thiago Macruz, analysts at Itau Corretora de Valores SA, wrote in a note to clients. “The fact that the Brazilian government, through ANTT, is trying to decrease rail freight prices in Brazil should indeed increase investor risk perception towards ALL’s investment story.”

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.