LatAm Transport and Capital Goods "Daily Take-Off: RAIL, PINFRA, GAP, OM..."

Research evidence excerpt

LatAm Transport and Capital Goods "Daily Take-Off: RAIL, PINFRA, GAP, OM..."

help unblock negotiations before the measure expires on July 12. Talks remain stuck

due to wide gaps between industry demands and the government’s reluctance to

change the text. Truckers’ leader Wallace Landim, warned that if the measure

lapses or the fines are suspended, the category may call a national strike. Potential

Impact: Positive for Rumo if the MP advances, as tighter enforcement of the

minimum freight table and higher road freight costs should improve rail

competitiveness at the margin. In a scenario of higher and more strictly enforced

road freight pricing, Rumo stands to benefit given its structurally more energy

efficient transport mode and relative cost advantage versus trucking.

POMO: ANTT plans auctions for 5.5k intercity bus routes, limiting operators per

market

According to Estadão, ANTT plans to conduct auctions for ~5,500 intercity bus

routes, using a regulatory interpretation that allows a public selection process

despite the STF previously validating a more open authorization regime. Under the

proposed model, each route would be limited to up to two operators, with selection

based on highest bids, which may favor larger incumbents. The agency is expected

to disclose the list of eligible companies to compete in June. The initiative

introduces a more structured and selective entry mechanism, replacing the broader

open-access model where any operator meeting requirements could enter a route.

The new approach has raised concerns from regulators and stakeholders, including

the Public Prosecutor’s Office, about potential concentration and reduced

competition, particularly benefiting larger players already established in the

sector. Potential Impact: Neutral for POMO.