Friday, January 13, 2012

Ferromex grows EMD locomotive fleet

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Ferrocarril Mexicano, S.A. de C.V. (Ferromex) said Friday it took delivery last month of an additional 38 SD70Ace locomotives from Electro-Motive Diesel. Ferromex noted it had placed 44 other new SD70ACe locomotives into service earlier in 2011. 

Ferromex also said it had recorded record volume in 2011 and is planning future growth in its port cargo and inland transit operations during the next several years. For that reason, the railroad has selected EMD to supply new locomotives based on the demonstrated performance and leading fuel efficiency of the SD70ACe. 

“The 44 SD70Ace locomotives received early last year have achieved very high and consistent performance, and fuel efficiency, as expected. The new additions will be key to our plans for 2012 and beyond, where Ferromex will continue to grow at higher levels than the average of the railroad industry,” said Rogelio Vélez, CEO of Ferromex. 

The locomotives meet EPA Tier 2 emissions standards, enabling Ferromex to interchange locomotives with railways in the United States and Canada. The Ferromex locomotive will also feature radial trucks, distributed power and the EMD Q-cab for increased operator comfort and safety. 

The locomotives were sold to the leasing entity of Grupo BBVA, Apoyo Mercantil, S.A. de C.V. (now Facilieasing Equipment, S.A. de C.V.) and leased to Ferromex. The contract also includes a 15-year locomotive maintenance agreement. With delivery of this order, Ferromex will operate a total fleet of nearly 100 SD70ACe locomotives. 

“We are thrilled and honored that Ferromex once again selected the SD70ACe locomotive for expansion of its operations,” said EMD CEO Billy Ainsworth. “We appreciate the confidence Ferromex has in EMD and look forward to continuing to provide the highest quality, energy-efficient locomotives and services to support its future growth.”

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