Mexico railway news – Page 3
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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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NewsBidders vie for Tren Maya rolling stock contract
MEXICO: National Tourism Fund Fonatur has confirmed that two groups have submitted tenders to supply up to 42 diesel, electro-diesel and electric trainsets for the Tren Maya project, with a winning bidder due to be announced on May 26. The contract covers maintenance of the fleet ...
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NewsKCS agrees to evaluate CN’s unsolicited offer
NORTH AMERICA: Kansas City Southern has agreed to hold discussions with Canadian National over its unsolicited acquisition proposal, the railway announced on April 24.
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NewsCanadian Pacific and Kansas City Southern agree to merge
NORTH AMERICA: The two smallest Class I railroads, Canadian Pacific Railway and Kansas City Southern, have agreed to merge, creating what they say will be ‘the first US-Mexico-Canada rail network’.
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NewsGulf of Mexico train ferry fleet renewal
NORTH AMERICA: The first of two train ferries ordered for CG Railway’s route across the Gulf of Mexico has been launched by CSSC Huangpu Wenchong Shipbuilding Co in China. The CGR joint venture of Genesee & Wyoming and SEACOR Holdings transports 10 000 wagons/year between Mobile ...
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Metro Report InternationalMonterrey Metro Line 3 opened
MEXICO: The 7·5 km light metro Line 3 in Monterrey has opened, connecting the end of Line 2 at General I Zaragoza with Hospital Metropolitano. The line has an 800 m underground section between General I Zaragoza and Santa Lucía, with the rest being elevated. Constuction ...
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Metro Report InternationalMonterrey metro train unveiled
MEXICO: Chinese manufacturer CRRC Zhuzhou has unveiled the first of 26 two-car articulated light metro trainsets ordered by Monterey operator Metrorrey. The trainsets are intended for use on the existing lines 1 and 2 as well as Line 3 which is under construction for opening in ...
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NewsBombardier Transportation to sell Mexican wiring activities
MEXICO: Bombardier Transportation has signed an agreement to sell the electrical wiring interconnection systems activities at its Huehuetoca site to the Motherson Rolling Stocks subsidiary of Motherson Sumi Systems. ‘This divestiture is in alignment with our global transformation strategy of reducing the activities to our core and ...
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NewsFirst wagon produced at Mexican factory as US site closure agreed
NORTH AMERICA: Wagon manufacturer FreightCar America has reached an agreement for the early termination of the lease on its Shoals factory in Cherokee, Alabama, with effect from February 28 2021, and has completed Association of American Railroads certification audits for the plant at Castaños in Mexico to ...
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NewsMonterrey commuter rail study
MEXICO: The state of Nuevo León’s strategic projects agency FIDEPROES has awarded SENER Engineering a contract to undertake technical studies for a proposed commuter rail service linking Mariano Escobedo Airport and García in the Monterrey area. This would use 62 km of existing tracks and serve 27 ...
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Metro Report InternationalPresident opens Guadalajara Line 3
MEXICO: Guadalajara’s third light rail line was formally inaugurated by President Andrés Manuel López Obrador on September 12. Following the opening ceremony at 11.00, public services began at 16.00, with free travel being provided until September 20.
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NewsFreightCar America to move production to Mexico under ‘operational realignment’
NORTH AMERICA: FreightCar America has signed a letter of intent to acquire joint venture partner Fabricaciones y Servicios de México’s 50% stake in the new wagon manufacturing plant at Castaños in Mexico, and will consolidate all of its production there by January 2021. This will mean the ...
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NewsMore Tren Maya construction contracts awarded
MEXICO: On May 15, the national tourism fund Fonatur awarded a consortium of Construcciones Urales, GAMI Ingeniería e Instalaciones and AZVI the third construction contract for the planned Tren Maya network, covering the 172 km from Calkiní to Izamal in Tabasco, with a bid of 10·2bn pesos. Work is expected ...
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NewsGreenbrier GIMSA Joint Venture agreement amended
MEXICO: As part of its response to the effects of the coronavirus pandemic, The Greenbrier Companies has amended its 50:50 joint venture agreement with Grupo Industrial Monclova, the manufacturing partner at the Greenbrier GIMSA wagon plant in Monclova, Mexico. Both partners will receive additional revenue and dividends ...
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NewsSino-Portuguese consortium to build first section of Tren Maya network
MEXICO: A consortium led by Mota-Engil of Portugal has been awarded a contract worth US$234m to construct the initial section of the Tren Maya network serving the Yucatan Peninsula. Mota-Engil and partners China Communications Construction Co, Grupo Cosh Eyasa and Gavil Ingeniería are expected to start ...
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