 The company was founded as "Ferrovia Sul Atlântico" in 1997 and is headquartered in Curitiba, Paraná state.Pursuant to a privatization process it began operating lines in Paraná, Santa Catarina, and Rio Grande do Sul.It began operations in São Paulo state in 1998, and later (2001) acquired Delara Ltda, a Brazilian logistics company also operating in Argentina, Chile, and Uruguay.