The purpose of this work is the development of a location model for specialized terminals used as transshipment points in the supply chain of soybeans. The theoretical basis of the study relies on the association of a transshipment model with a multi-commodity, multi-facility capacitated location model. The shipping ports might be seen as specialized terminals that add value to the exported products by transforming raw soy grains into soy oil and soy meal. The proposed model also considers service activities in each terminal and the capacity of the maritime ports. Using representative data from the year 2004, the model is illustrated by a small case study, which considers six points of production in inland Brazil, all served by railways, one maritime port on the north and five on the east coast, and three destination ports in Europe and Asia. The study includes a rough sensitivity analysis regarding volumes, capacities, prices, and transportation costs
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