August 31, 2018 / 11:44 AM / 2 months ago

Brazil's Rumo granted São Paulo railroad extension

RIO DE JANEIRO, Aug 31 (Reuters) - Brazil’s national transport agency ANTT has extended a concession for a railroad stretch in the state of São Paulo operated by Rumo SA , the Brazilian transportation and logistics company said in a filing on Friday, without offering further details on the timeframe.

Rumo said the decision covering the so-called Malha Paulista, whose concession originally expired in 2028, would be sent to the transportation ministry and an audits court. (Reporting by Alexandra Alper Editing by Chizu Nomiyama)

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