FORT WORTH, Texas — BNSF Railway and COFC Logistics today announced an expansion of COFC’s service into the Eastern U.S. and Mexico. The move allows COFC Logistics, which has a fleet of more than 8,000 containers, to deliver increased container availability to intermodal marketing companies. COFC sells container space and train capacity to intermodal marketing […]
WASHINGTON — Union Pacific has urged federal regulators to take a closer look at the proposed Green Eagle Railroad, arguing that construction of a 19-mile cross-border line at the Eagle Pass, Texas, gateway is unnecessary and would snarl rail traffic. Green Eagle aims to build a new 19.12-mile secure cross-border corridor that includes 1.335 miles […]
MEXICO CITY — Grupo Mexico’s transportation division — which includes Ferromex, Ferrosur, Florida East Coast Railway, and Texas Pacifico — reported higher second quarter operating income last week despite lower volume and revenue. The transportation division’s operating income increased 4.9%, to $255.4 million, as revenue declined 3.3% to $853 million. The railroads’ combined operating ratio […]
MONTREAL — Canadian National Railway has announced Falcon Premium intermodal service it operates with Union Pacific and Grupo Mexico’s Ferromex has received the Silver Container (Contenedor de Plata) award from the Asociación Mexicana de Transporte Intermodal. The organization is Mexico’s leading intermodal transport association, promoting best practices in cross-border logistics. The award recognizes outstanding achievements […]
PUERTO VALLARTA, Mexico — BNSF Railway and intermodal partner J.B. Hunt have launched cross-border Quantum de Mexico premium service in conjunction with GMXT’s Ferromex. Like domestic Quantum service in the U.S., Quantum de Mexico takes aim at highly service-sensitive freight that has never moved on rails before, the companies announced this morning at the Mexican […]
OMAHA, Neb. — Union Pacific is working to finalize agreements with Ferromex and U.S. Customs and Border Patrol to shift cross-border crew changes from the International Railroad Bridge to UP’s yard in Eagle Pass, Texas. Currently, trains using the Eagle Pass-Piedras Negras, Mexico, gateway swap crews on the single-track bridge over the Rio Grande. It’s […]
MEXICO CITY — Grupo Mexico’s transportation division — which includes Ferromex, Ferrosur, Florida East Coast Railway, and Texas Pacifico — reported sharply lower first-quarter revenue and profits as a plunge in automotive and minerals traffic drove an overall volume decline. For the quarter, GMXT’s operating income declined 18.5%, to $225 million, as revenue declined 12.1%, […]
MEXICO CITY — Grupo Mexico’s transportation division — which includes Ferromex, Ferrosur, Florida East Coast Railway, and Texas Pacifico — reported lower revenue and flat net income for the fourth quarter despite a 5.5% increase in traffic volume. For the quarter, GMXT operating income declined 7.2%, to $197 million, as revenue declined 3.5%, to $763.9 […]
EAGLE PASS, Texas — Mexican railroad Ferromex will resume issuing permits for unit grain trains entering Mexico through the Eagle Pass and El Paso, Texas, gateways “as a result of the improved ag unit train crossing cadence and pipeline” beginning today (Monday, Oct. 21), Union Pacific has informed customers. On Oct. 12, UP announced that […]
EAGLE PASS, Texas — Union Pacific and Mexican partner Ferromex have suspended permits for grain shuttles as a result of a derailment in Mexico, UP said in a notice to customers issued Saturday, Oct. 12. The suspension of permits for two active Ferromex embargos reflects “the high volume of ag unit trains in the pipeline […]
MEXICO CITY — Pushing back against criticism from American agricultural exporters, the Mexican Railway Association insists that the country’s railroads have the capacity to handle growing cross-border trade with the United States. A coalition of American agricultural shippers told to federal regulators last month that capacity problems — not surges of migrants seeking refuge in […]
WASHINGTON — BNSF Railway has told federal regulators that it’s prepared for the upcoming fall grain harvest, but defended its performance last year amid weather-related disruptions to the broader supply chain. Surface Transportation Board Chairman Robert E. Primus requested the update from BNSF, which he said had struggled to handle the fall harvest in recent […]
