The Rio Times
Americas · 19 mins ago
Rumo Posts US$127 Million Profit as Record Grain Volumes Meet Higher Costs
Rumo earned R$688 million (about US$127 million) in the second quarter of 2026, down about 6% from a year earlier. The rail operator hauled a record volume of grain and lifted revenue, but higher fuel and financing costs left profit a shade lighter and the shares fell.
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