Latin America Trade
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Brazil aims to speed up truck traffic at Santos port with fines
Emergency measures to better organize the arrival of trucks at Brazil ‘s main Santos port were announced after months of intense congestion have crippled the export of corn and soybeans.The port’s terminals have been assigned specific unloading schedules, the country’s port authority said. Terminals that fail to respect their time slots will be fined, it added.
“Terminals that impact the port area shall be fined in accordance with contracts with the Port Authority,” said Bechara Abdalla Pestana Neves, president of the Port Authority.
The measures were approved during an emergency meeting with customs, traffic police and terminal operators on Tuesday, when the main highway leading to Santos port had a 14-kilometer (8.7-mile) line of trucks.
Brazil ‘s grain exports have been delayed for months following record harvests of corn and soybeans. The country’s old and overburdened infrastructure, already strained after a normal harvest, have been unable to handle the volumes of freight rushing to port.
Soybean shipments, for instance, had to wait while corn exports continued much longer than normal - into March.
Since then, soybean exports themselves have soared.
Soybean exports jumped 79 percent in the first two months of April compared with the first two months of March, trade ministry data shows. Now, authorities fear the problems could worsen in May, when sugar exports start to pick up. (Reuters)
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