MSC Moves to Buy Majority Stake in Brazilian Carrier Log-In Logistica

Number-two container carrier MSC has lodged a bid to purchase a controlling stake in Brazilian domestic carrier Log-In Logistica. 

Log-In is a publicly-listed feeder operator with a focus on coastwise trade. It also operates one container terminal, the Vila Velha Terminal (TVV) in the state of Espírito Santo. It has seen a 20 percent growth in volume over the past six years, and it has recently expanded from its home market in Brazil to serve new customers in Argentina. 

The company operates...

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