Trade Resources Company News Man Latin America Secured Contracts From Two Logistics and Transportation Companies

Man Latin America Secured Contracts From Two Logistics and Transportation Companies

MAN Latin America has secured contracts from two logistics and transportation companies in the state of Rio de Janeiro, Brazil to supply 100 trucks to each firm.

The order was placed by JSL and Sindicarga, the Union of Logistics and Road Cargo Transportation Companies.

It is a part of the program for renovation, modernization, and sustainability of fleets in Rio de Janeiro.

As part of the initiative, at least 30% of fleets in the state are to be renovated in the next five years, including 137,000 trucks with an average age of 17 years. The project is aimed at reducing the average vehicle age to 12 years by 2018.

MAN Latin America stated that it is set to invest about €335 in Rio de Janeiro by 2016.

MAN Latin America president Roberto Cortes said, "Once again, we are partnering with Rio de Janeiro's government for these investments in Resende. We already made major investments between 2008 and 2011.

"The aim is to increase income in the region, which we have been stimulating since opening our plant in the state of Rio de Janeiro back in November 1996."

The company entered into an agreement with Governor Sérgio Cabral Filho to secure tax incentives and financing rates to develop products and boost production capacities at its production plant in Resende.

Source: http://automobiledistribution.automotive-business-review.com/news/man-latin-america-secures-trucks-supply-deal-in-rio-de-janeiro-brazil-241013
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Man Latin America Secures Trucks Supply Deal in Rio De Janeiro, Brazil
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