LatAm Transport and Capital Goods: Daily Take-Off: RAIL, POMO, MOTV, TUPY, RAPT

研报英文原文证据摘录

LatAm Transport and Capital Goods: Daily Take-Off: RAIL, POMO, MOTV, TUPY, RAPT

American markets and have reached ~50% market share in South Africa, historically

an important destination for Brazilian trucks. The executive also said the local

industry needs measures to improve competitiveness, including fiscal and

productivity initiatives, and argued that partnerships may be necessary to respond

to global trends. Potential Impact: Negative for RAPT and TUPY on lower truck

exports.

POMO: Lula sanctions public transport legal framework with partial vetoes

Brazilian President Luiz Inácio Lula da Silva sanctioned, with vetoes, the new Legal

Framework for Public Collective Transport, establishing nationwide rules for the

planning, regulation, financing and operation of public transportation systems in

Brazil. The legislation recognizes public transport as an essential social service with

shared responsibility among federal, state and municipal governments, while

promoting integrated and intermodal mobility networks connecting buses, metros,

trains and other transport services. The framework also amends provisions related

to the Urban Mobility Law, the City Statute and the allocation of resources from the

fuel-related Cide tax. One of the main structural changes separates passenger fares

from operators’ remuneration, aiming to reduce the sector’s dependence on ticket

revenues and expand the use of alternative funding mechanisms and public

subsidies. The law allows financing sources including advertising revenues, real

estate exploitation, parking charges, urban congestion fees and contributions

linked to private transport services using urban road infrastructure. However, Lula

vetoed provisions that would impose mandatory financial obligations on federal and