Tie-up between Cosan’s Rumo and ALL possible

A merger between America Latina Logistica (ALL) and Rumo Logistica is a possibility under discussion, the companies said this week. The two Brazilian transport firms abandoned a deal last year which would have seen Rumo’s parent Cosan buy 5.7% of ALL. Cosan said Monday that Rumo was in “preliminary talks” with ALL over a possible “combination of their activities”, but that no proposals had been formalized.