Mexico railway news – Page 2
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NewsSTB approves Canadian Pacific and Kansas City Southern merger with conditions
NORTH AMERICA: The US Surface Transportation Board has approved the application from Canadian Pacific and Kansas City Southern to merge their two railways.
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NewsMexico – Toluca operating concession awarded
MEXICO: National Infrastructure Fund Fonadin has been awarded a concession to operate and maintain the 57·7 km Tren Interurbano railway between Mexico City and Toluca, which is still under construction.
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NewsKCSM concession extended in return for infrastructure investment
MEXICO: The Secretariat of Infrastructure, Communications & Transport has extended Kansas City Southern de México’s operating concession by 10 years, in return for a commitment to 4bn pesos of infrastructure investments including the Celaya-NBA Line bypass to separate KCSM and Ferromex tracks. KCSM’s exclusive concession now ...
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Metro Report InternationalMexico City Line 1 train unveiled
MEXICO: The first of 29 trainsets which CRRC Zhuzhou Locomotive is supplying as part of the modernisation of Mexico City metro Line 1 was rolled out on July 18. The event was marked by a hybrid ceremony in both Mexico and China, attended by the city’s ...
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Metro Report InternationalMexican transport ticketing modernisation partnership
MEXICO: Fare-payments-as-a-service company Masabi and Mexican consulting, engineering and project company Ibergex have announced a ‘strategic relationship’ to supply ticketing and payment technology in Mexico. This will combine Masabi’s Justride software platform with Ibergex’s resources and experience of the Mexican public transport market. The companies aim ...
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NewsCP and KCS trial Mexico – Chicago intermodal service
NORTH AMERICA: Canadian Pacific Railway and Kansas City Southern have trialled a direct intermodal service linking the Mexican port of Lázaro Cárdenas with Chicago. CP says the first international through train to be operated over the route was aimed at bypassing the delays caused by a ...
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Metro Report InternationalPuebla tram-train ceases operation
MEXICO: The tourism-oriented tram-train service in Puebla ceased operation on December 31, with the local government announcing that it was no longer economically viable. The 17·2 km route was launched in January 2017, using the Ferrosur freight railway including various rehabilitated sections to link the historic ...
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NewsKCS put into trust as CP completes share purchase agreement
NORTH AMERICA: Canadian Pacific Railway formally completed its US$31bn acquisition of Kansas City Southern on December 14, in preparation for the planned merger of the two railways, and has put the smaller company into a trust pending regulatory approval of the merger application. Closing of the purchase ...
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NewsShareholders back CP-KCS merger
NORTH AMERICA: Canadian Pacific and Kansas City Southern shareholders have voted overwhelmingly in favour of the proposed merger between the two railways, allowing the transaction to move ahead.
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Metro Report InternationalMexico City metro track renewals contract
MEXICO: Comsa has been awarded an €80m contract to undertake track and electrical system renewals on Mexico City metro Line 1. Work is scheduled to start in Q2 2022, with the contract including materials supply and construction works covering a total of 39 track-km including loops ...
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NewsMexican approval for Canadian Pacific and Kansas City Southern merger
MEXICO: Competition commission COFECE and telecoms institute IFT have granted regulatory approval for Canadian Pacific Railway’s proposed acquisition of Kansas City Southern. ‘This important milestone marks the next step on our path to creating the first single-line rail network linking the US, Mexico and Canada’, said ...
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NewsCP and KCS file merger application with STB
NORTH AMERICA: Canadian Pacific and Kansas City Southern have formally filed a merger application with the US Surface Transportation Board, setting out their aim of establishing a single network linking the USA, Mexico and Canada before the end of 2022.
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NewsGulf of Mexico train ferry enters service
NORTH AMERICA: The CG Railway joint venture of Genesee & Wyoming and SEACOR Holdings has taken delivery of two train ferries from China’s CSSC Huangpu Wenchong Shipbuilding Co. Cherokee entered service between the USA and Mexico in September, and Mayan is scheduled to replace the current ...
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NewsKCS cements CP merger as CN agrees early termination
NORTH AMERICA: Canadian Pacific Railway and Kansas City Southern confirmed on September 15 that they had entered into a definitive merger agreement, valuing the smaller railroad at approximately US$31bn.
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NewsCanadian Pacific closes in on KCS merger
NORTH AMERICA: Canadian Pacific announced on September 12 that it ‘looks forward to executing a definitive merger agreement’ with Kansas City Southern, after the smaller railroad’s board deemed that CP’s latest bid now amounted to a ‘Company Superior Proposal’ compared to a previous offer from Canadian National.
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NewsCanadian National bid for Kansas City Southern in doubt after STB blocks voting trust
USA: Canadian National’s US$33·6bn bid to acquire Kansas City Southern received a major setback on August 31, when the federal Surface Transportation Board rejected an application to use a voting trust as part of the process. Announcing the unanimous decision of the five-strong board, STB said ...
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NewsCP raises its offer for Kansas City Southern
NORTH AMERICA: Canadian Pacific announced on August 10 that it had submitted a ‘superior proposal’ to acquire Kansas City Southern, valuing the smaller railway at approximately US$31bn.
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NewsContract for jaguar inspired Tren Maya fleet signed
MEXICO: The 36·6bn pesos contract to supply 42 diesel and electro-diesel trainsets for the Tren Maya project was signed in the presence of President Andrés Manuel López Obrador on June 9. National tourism promotion fund Fonatur announced on May 26 that it had chosen a consortium ...
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NewsTren Maya rolling stock supplier selected
MEXICO: National tourism promotion fund Fonatur has selected a consortium led by Alstom’s Bombardier Transportation México subsidiary as preferred bidder for a contract to supply rolling stock, communications systems and depots for the Tren Maya project, The contract announced on May 26 covers the supply and ...
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NewsKansas City Southern agrees CN merger and drops CP
NORTH AMERICA: Kansas City Southern and Canadian National announced a definitive merger agreement on May 21 which CN President & CEO JJ Ruest said would ‘create the premier railway for the 21st century.’ KCS and Canadian Pacific had announced a merger agreement ...
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