Grupo Mexico Archives

June 01, 2023
Freight

Mexican Navy ‘Occupation’ of GMT Medias Aguas-Coatzacoalcos Line Appears Resolved (Updated June 1)

It turned out to be “much ado about nothing” or a political stunt, as some industry observers opined: On May 19, the government of Mexican President Andrés Manuel López Obrador (AMLO) deployed

July 10, 2017
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

March 29, 2017
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.”

March 28, 2017
High Performance

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.

February 26, 2014
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.

Commentary

February 20, 2014
Class I

Mexico to its rail franchisees: “Yanqui go home”

At the turn of the 20th century, seven-term Mexican President Porfirio Diaz is cited as having complained, “Poor Mexico, so far from God and so close to the United States.”

February 19, 2014
Class I

Mexico’s stalking railway horse impacting KCS

A railway reform bill that has been approved by the lower house of Mexico’s Congress and that would impose a form of open access has had a major impact on Kansas City Southern’s share price, according to analysts. KCS derives close to 50% of its revenue from its Mexican operation, KCSM; the company’s share price has declined about 15% in recent weeks, despite record revenues in 2013 and an improved operating ratio.