Ferromex

  • M/W

Report: No EIS for GMXT Nogales Bypass

The governor of Mexico’s northern state of Sonora acknowledged Nov. 21 that a new rail bypass for Grupo Mexico-owned Ferromex (GMXT) around the border city of Nogales was a Mexican army undertaking that

(Ferromex Photograph)

Report: Ferromex Temporarily Suspending Service (Updated)

Mexican railway operator Ferromex on Sept. 19 said it was temporarily suspending 60 trains on south-north routes because of an increasing number of migrants climbing aboard railcars and suffering injuries, according to news reports. On Sept. 20, some trains restarted service. Union Pacific and BNSF issued embargoes at Eagle Pass in Texas.

For STG Logistics, A Growing Intermodal Network

Illinois-based STG Logistics will expand its intermodal network by providing service into and out of the Canadian markets of Vancouver, Calgary, Edmonton, Winnipeg, Moncton and Halifax, the company reported Aug. 23. It

Cowen and Company Managing Director and Railway Age Wall Street Contributing Editor Jason Seidl

Cowen Surveys Find ‘Encouraging’ Shipper Business Outlook

Two first-quarter 2021 surveys of rail shippers on pricing and business outlook as well as equipment needs conducted by Cowen and Company analysts Jason Seidl (Managing Director and Railway Age Wall Street Contributing Editor), Matt Elkott and Elliot Alper indicate that, compared with the previous quarter, Class I railroad customers are anticipating somewhat higher rate increases, and a slight decline in new railcar demand.