UP considers Texas a strategic border with Mexico
Mexico City.- In the last seven year Union Pacific Railroad invested more than US$200 million to enhance infrastructure for goods exchanged by railroad between Mexico and the United States; over 40% of this investment was allocated to maintenance and service on their premises in Laredo and El Paso, both of them located in Texas.
Bernardo Ayala, Vice-president, Union Pacific in Mexico, said that Texas has the main commercial corridors for railroads, which in the last few years have experienced exponential growth in the movement of industrial products for chemical, automotive and intermodal sectors.
In an interview, he said that only the development of Eagle Ford Shale deposit, located south of Texas, doubled the cargo moved by railroad in this zone, thanks to the demand of frac sand, which is used in oil wells drilling and to extract gas, in addition to the movement of pipelines and petroleum byproducts.
Source: Miscellaneous | Date: 15/05/2012