Grupo Mexico

  • 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.

  • News

Grupo México completes FEC acquisition

Grupo México, S.A.B. de C.V. has completed the acquisition of Florida East Coast Holdings Corp. (FEC) through its Transportation Business Unit Grupo México Transportes, S.A. de C.V. (GMXT).

Commentary
  • News

A simple case of “confusion to the enemy”

The Mexicans are coming. The Mexicans are coming—and within verbal-indignities-hurling distance of President Donald J. Trump’s Palm Beach, Fla., Mar-a-Lago “Winter White House.”

Ferromex dealing for Florida East Coast Railway

Just weeks after acquiring Florida East Coast Industries (FECI), parent of Florida East Coast Railway (FECR), a Japanese hedge fund is close to a deal to sell the regional carrier to Ferromex, Mexico’s largest railroad by mileage, for a reported $2 billion.

  • News

Chinese railway interests—in Mexico?

A Mexican legislator who happens to be a member of the nation’s opposition National Action Party (PAN) has said that the Chinese government is interested in participating in the country’s railroad system, should its structure be drastically altered under a bill now being considered in the Senate (upper chamber) of Mexico’s Congress.