Move Brasil Program Releases Nearly R$2 Billion in Truck Financing in First Month to Boost Logistics and Sustainability
The Move Brasil program has released nearly R$2 billion in its first month to finance truck fleet renewal, aiming to boost logistics and sustainability amid declining truck sales.
- • Move Brasil released almost R$2 billion in truck financing in its first month to stimulate fleet renewal.
- • Truck sales dropped sharply, with a 20.5% decrease in heavy trucks compared to 2024, partly due to high interest rates in Brazil.
- • Financing through the program is available for new and used trucks from 2012 onward, with rates between 13% and 14% yearly and backed by BNDES and FGI.
- • The program aims to maintain jobs, reduce carbon emissions, and support over 1,100 financing operations in 532 municipalities, with no set end date.
- • Geraldo Alckmin highlighted the program's role in boosting logistics capacity and environmental sustainability in Brazil.
Key details
The Move Brasil program, launched by the Brazilian government to renew the country's truck fleet, has already released close to R$2 billion in financing within its first month, marking a significant step towards revitalizing the logistics sector and promoting environmental sustainability.
Vice President and Minister of Development, Industry, Commerce, and Services, Geraldo Alckmin, announced at an event in Guarulhos, São Paulo, that the program aims to counteract a decline in truck sales which saw a 20.5% drop in heavy truck sales compared to 2024, and an overall trucking market contraction of 34.67% in January 2026 compared to the previous year. Alckmin attributed the decline in sales to Brazil's high-interest rates, which run between 22% and 23% annually, hampering the ability of truck operators to finance new purchases despite robust agricultural production and export performance.
Move Brasil facilitates financing for both new and used trucks manufactured from 2012 onwards through the National Bank for Economic and Social Development (BNDES), with an allocated credit limit of R$10 billion. Financing rates through the program range between 13% and 14% per annum, with better conditions for those trading in older vehicles. The program offers each participant the possibility to finance up to R$50 million, with loan terms of up to five years and grace periods of up to six months, all backed by the Investment Guarantee Fund (FGI).
In its first month, 1,152 financing operations averaging R$1.1 million have been conducted, benefiting truck drivers and companies in 532 municipalities. The initiative is designed not only to revitalize sales but also to maintain jobs in the logistics sector and reduce carbon emissions by facilitating the purchase of fuel-efficient and environmentally compliant vehicles. Business owners such as Orlando Boaventura have praised the program for enabling access to affordable loans and realizing significant fuel savings.
Alckmin emphasized that the Move Brasil program has no set end date and called for its continuation to stimulate related sectors and ensure ongoing support to truck drivers, cooperatives, and companies. The program reflects a strategic governmental effort to strengthen Brazil's logistics capabilities while fostering sustainability in a critical sector of the economy.
This article was translated and synthesized from Brazilian sources, providing English-speaking readers with local perspectives.
Source articles (2)
Source comparison
Amount of financing released in the first month
Sources report different amounts of financing released by the Move Brasil program in its first month.
veronoticias.com
"R$ 1.3 billion in operations have already been approved."
agenciabrasil.ebc.com.br
"Move Brasil program has released approximately R$ 2 billion in financing."
Why this matters: One source states that R$ 1.3 billion has been approved, while the other claims nearly R$ 2 billion has been released. This discrepancy affects the understanding of the program's immediate impact and effectiveness.