International Container Terminal Services Inc. said Monday a wholly-owned subsidiary in Brazil is expanding its logistics support services by adding rail logistics to its operations.
ICTSI Rio formed a new company—IRB Logística—to take over the operations of the terminal from Multitex Logistica starting July 1, 2021.
IRB Logística will offer sustainable cargo handling, transport and storage services to the economic, industrial and production centers in Rio de Janeiro, Minas Gerais and São Paulo.
“We are excited for IRB Logística to commence operations and look forward to coordinating closely with our sister company to improve synergy in the regional supply chain,” said Roberto Lopes, ICTSI Rio chief executive.
“While ICTSI Rio’s and IRB Logística’s operations are independent from one another, we share the common goal of driving economic growth in the region by providing more efficient, seamless, and value-added solutions across the entire logistics chain,” he said.