Brazil could cut its freight costs by 800bn reais (US$482bn) over the next 25 years by transporting cargo via railways and waterways rather than highways, according to a study carried out by the country's national engineering academy.
The shift away from road transport could save 600bn reais in energy costs and 130bn reais in road maintenance, according to the academy's VP Paulo Vivacqua.
Brazil currently transports more than 70% of its cargo via road. Reducing this to around 40% would bring significant benefits, Sao Paulo state port authority Codesp reported in a release, citing the academy's study.
Increasing the amount of cargo transported by rail and waterways to 21% and 33% respectively would also allow the country to reduce its CO2 emissions by 800Mt, the study found.