BRAZIL’s federal government has decided to implement all of the recommendations made by the Court of Auditors of the Union (TCU) regarding the concession for the North-South Railway (FNS), which will now be auctioned on November 1.

BRAZIL’s interim federal government led by president Michel Temer is investigating how to revive the country’s ambitious new line construction programme at a time of financial austerity by involving the country’s concessionaire rail freight operators.

RIO de Janeiro's iconic Copacabana beach and Christ the Redeemer statue are set to serve as the backdrop for next summer's Olympic Games, the first to be held in a South American city.

BRAZIL's National Bank for Economic and Social Development (BNDES) has approved Reais 587.8m ($US 151.3m) in financing for VLI Logistics for the railfreight operator to invest in new locomotives and wagons manufactured in Brazil.

BRAZIL's National Bank for Social and Economic Development (BNDES) has announced that it will provide loans totalling Reais 70.5m ($US 21.9m) to finance 19 diesel locomotives ordered by freight operators VLI and Rumo Logistics from GE Transportation.