Logistic

Four railway companies to invest US$485 million in Mexico during 2018
Four railway companies established in Mexico will invest nearly US$ 485 million in 2018, for tasks of infrastructure improvement, rehabilitation and maintenance of the railway network. One of them is Kansas City Southern (KCSM), which has a committed investment of US$ 110 million. "A part will be ...
Grupo Mexico completes acquisition of Florida East Coast Holdings
Grupo Mexico announced it has completed the acquisition of U.S. rail company Florida East Coast Holdings. The deal first revealed on March 29 closed for US$ 2 billion. To raise funds, the group used two loans, one with Spain-based BBVA and Credit Suisse for US$ 1.55 billion and another from Santande...
Grupo Mexico’s transport division acquires Florida East Coast Railway for US$ 2.1 billion
GMéxico Transportes S.A. de C.V. (GMXT), the transportation business unit of Grupo México, and the Florida East Coast Railway Holdings Corp (FEC) announced that they have entered into an agreement under which GMXT will acquire FEC in an all cash transaction. The acquisition is expected to close s...
Heil Trailer expands its line of stainless steel products
Heil Trailer International has expanded its line of stainless steel products for the 2017 model year in a variety of styles, sizes and applications. Available from 1,000 to 12,000 gallons, one to eight axles and from one to six compartments the stainless steel line of trailers is built to suit ma...
Hyundai subsidiary invests US$ 450 million in two spare parts distribution centers
Mobis, a subsidiary of Hyundai Group, invested US$ 450 million to build two spare parts distribution centers in Nuevo Leon and the State of Mexico to support customer services for KIA and Hyundai. Each facility has a 14,000 square meter footprint and capacity to store 920,000 spare parts, to supply...
Identifying infrastructure projects in Special Economic Zones
The Federal Authority for the Development of Special Economic Zones (AFDZEE) is contemplating over 70 infrastructure projects related to transport and logistics in these regions, investing US$2.5 billion, informed Gerardo Gutierrez Candiani, head of AFDZEE. Nearly 95 infrastructure projects were ide...
Illinois-based SEKO Logistics to open 20 locations in Mexico
Illinois-based transportation and warehousing services supplier SEKO Logistics has announced a massive expansion in Mexico aimed to establish an operation network in 20 locations across the country. In its first phase, SEKO Logistics Mexico will operate from locations in Laredo/Nuevo Laredo, McAlle...
Intelligrated to be acquired by Honeywell for US$ 1.5 billion
Intelligrated, a North American-based automated material handling solutions provider with operations in Mexico, has entered an agreement to be acquired by Honeywell in a transaction valued at US$ 1.5 billion, according to a brief the company posted on its website. Intelligrated's 2016 sales are est...
Japan-based Yusen Logistics opens customs bonded warehouse in Guanajuato
Japan-based Yusen Logistics, a third-party logistics (3PL) provider with global presence, announced it has gained bonded status for its Bajio Logistics Center (BLC) in Mexico, which will enable customers to securely store cargo without immediate payment of duty and taxes. Located near Celaya, Guana...
Japanese firm launches midnight express air cargo services to Mexico
Nippon Express announced it has expanded its "Mexican Eagle Liner" series of consolidated air cargo services from Japan to Mexico with the launch of its "Mexican Eagle Liner Midnight Express," a high-speed service product offering the air cargo transport industry's fastest service to Mexico City/Gua...
Joint venture led by SEACOR to operate rail ferry between Alabama and Veracruz
SEACOR Holdings Inc. and Genesee & Wyoming Inc. (G&W) announced the formation of a 50/50 joint venture to own and operate CG Railway, LLC (CGR), a subsidiary of SEACOR, that runs a freight railroad providing four-day rail ferry service between the ports of Mobile, Alabama, and Coatzacoalcos,...
Kansas City Southern heads joint venture to relieve Mexican fuel demand
Kansas City Southern (KCS), Watco Companies, LLC (Watco) and WTC Industrial (WTC), announced a joint venture investment aimed to facilitate and expand the exportation of liquid fuels from the United States to Mexico.  The project will include the construction of a unit train liquid fuels terminal ...
Kansas City Southern hits record revenues in first quarter 2017
Railroad operator Kansas City Southern reported first quarter 2017 record revenues of US$ 610 million, an increase of 8% over first quarter 2016, and adjusted diluted earnings of US$ 1.17 per share, an increase of 14% over first quarter 2016.  Overall carload volumes were 6% higher compared to fir...
KCS hits record revenues driven by Mexico’s auto production, energy reform
Kansas City Southern reported record second quarter 2017 revenues of US$ 656 million, an increase of 15% from second quarter 2016, supported in part by Mexican automotive production and businesses related to Mexico’s Energy Reform, said the company in its quarterly report.  Overall, carload volu...
KCS partners with Mexico, US customs to enhance Laredo's railroad border-crossing
Kansas City Southern and customs agencies from Mexico and the U.S. inaugurated a new, joint Unified Cargo Processing facility at the Laredo, Texas railroad border-crossing.  Located close to the railhead of the Laredo International Rail Bridge, the rail processing building, constructed by KCS, ena...
KCS, Bulkmatic joint venture to build US$ 50 million fuel terminal in Nuevo Leon
Kansas City Southern (KCS) and Bulkmatic Transport Company (Bulkmatic) announced a memorandum of understanding to form a 50/50 joint venture investment which will facilitate and expand the exportation of liquid fuels from the United States to Mexico. The project will include the construction of a un...
KCSM plans US$154 million investment
Kansas City Southern Mexico, has an undertaking to invest US$154 million, to be used for railway infrastructure and modifications to its Sanchez, Nuevo Laredo Backyard, in Tamaulipas; as well as expansions to its Interpuerto facilities and maintenance of tracks and new equipment and systems, affirme...
Kia Motors to transport production via railroads
Ernesto Lozano Martinez, Sub Secretary of Regional Development of the Ministry of Economy and Work in Nuevo Leon, commented that 12 kilometers of railroad infrastructure were built during the first stage of the project, so that Kia may transport its production by train. Mr. Lozano Martinez indicated...
Landstar System moves operations to expanded logistics center in Laredo
Landstar System, a worldwide provider of integrated transportation management solutions announced the opening of its new U.S./Mexico Logistics Service Center in Laredo, Texas. The company has provided Mexico cross-border services out of Laredo since 1999, and has moved its operations to this expande...
Liquid fuel terminal in San Luis Potosi to supply the Bajío region starting mid-2018
By mid-2018, a liquid fuels terminal developed by Kansas City Southern de Mexico, Watco and WTC Industrial, a Mexican consortium based in San Luis Potosi, will start supplying gasoline to the El Bajio region. The companies have so far invested US$ 40 million in the necessary preparations and infras...

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