Mitsui & Co. (Brasil) S.A.

Mitsui enters into car parts logistic business

Mar. 5, 2012

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Veloce Logística (hereinafter, the Company), one of the main logistic operators in Brazil and leading truckload carrier in Brazil and Argentina, has entered into Mitsui Group(Mitsui & Co., Ltd.), which acquired 100% shares of the Company.

Established in 2009, the Company has 475 trailers, 500 workers, 300 transport partners and 20 operating bases in Brazil and Argentina. Among its main clients there can be named big car assembly makers in both countries as well as those of other industries.

The Company is receiving high recognition among clients, having been commended as a Best Logistic Operator in Brazil and Argentina by General Motors. It also is proactive in its effort to tackle environmental issue and was the first Brazilian company to register the volume of its greenhouse gas emission using ghg protocol standards.

The Company offers customized solutions at every step of supply chain, like milk run, cross docking, internal transport, storage management, package control, return shipping, domestic and international transport and international documentation.