▁with ▁América ▁Lat ina ▁Log ística ▁( ALL ) ▁in ▁ 2 0 1 3 . ▁ ▁History ▁▁ ▁As ▁part ▁of ▁the ▁railway ▁priv at isation ▁carried ▁out ▁during ▁the ▁presiden cy ▁of ▁Carlos ▁Men em , ▁B AP ▁was ▁granted ▁a ▁con cess ion ▁to ▁operate ▁the ▁San ▁Martín ▁fre ight ▁railway ▁services ▁that ▁had ▁been ▁managed ▁by ▁def unct ▁Fer roc arr iles ▁Argent inos ▁since ▁ 1 9 4 9 . ▁The ▁company ▁was ▁part ▁of ▁the ▁cons ort ium ▁" Ind ust rias ▁Met ar l ú g icas ▁P esc am ona " ▁( I MP SA ) ▁that ▁had ▁been ▁also ▁granted ▁the ▁Ur qu iza ▁Railway ▁system ▁to ▁be ▁operated ▁by ▁sister ▁company ▁" F er roc arr il ▁Mes op ot ám ico - U r qu iza ". ▁ ▁During ▁its ▁first ▁years ▁of ▁operation ▁( 1 9 9 4 ) ▁the ▁company ▁carried ▁ ▁of ▁cargo . ▁Nevertheless , ▁in ▁ 1 9 9 8 , ▁Indust rias ▁Met ar l ú g icas ▁P esc am ona ▁( I MP SA ), ▁owner ▁of ▁B AP ▁and ▁Fer roc arr il ▁Mes op ot ám ico ▁( that ▁had ▁been ▁granted ▁con cess ion ▁to ▁operate ▁passenger ▁services ), ▁announced ▁that ▁they ▁would ▁ret ire ▁from ▁the ▁rail ▁transport , ▁s elling ▁the ▁ 7 3 , 5 % ▁of ▁B AP ▁and ▁the ▁ 7 0 , 5 % ▁of ▁FM ▁to ▁Brazil ian ▁company ▁Fer rov ía ▁Sul ▁Atl