Mexico’s Maya Train — built to attract tourists to sites on the Yucatan Peninsula — has little chance of becoming profitable without the development of freight traffic on the route, the operation’s general director said this month. The news site Infobae reports that, at a seminar of the Mexican Railway Association earlier this month, Gen. […]
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%, […]
NEW YORK — Canadian Pacific Kansas City CEO Keith Creel looks at the uncertainty currently swirling around North American trade and sees an opportunity. CPKC has a lot riding on the outcome of tariff spats involving the U.S., Canada, and Mexico: The 2023 merger of Canadian Pacific and Kansas City Southern was a $30 billion […]
MEXICO CITY — Mexico’s Maya Train project has been hit by a major budget cut, while at least one other rail infrastructure program has seen a significant boost as President Claudia Sheinbaum shifts priorities, the news site La Verdad Noticias reports. Funding to complete the tourism-oriented Maya Train, meanwhile saw a 70.7% cut, from 125.9 […]
LAREDO, Texas — Canadian Pacific Kansas City today (Feb. 6, 2025) held the official opening ceremonies for the new Patrick J. Ottensmeyer International Railway Bridge, the second span crossing the Rio Grande at the busiest rail gateway between the U.S. and Mexico. “The name Patrick J. Ottensmeyer will forever be a part of the proud […]
WASHINGTON — The potential impacts of tariffs on the North American economy, and its rail industry, have been deferred after the Trump administration and the governments of Canada and Mexico agreed to postpone tariffs that would have taken effect Tuesday, Feb. 4. Canadian Prime Minister Justin Trudeau wrote in a post on X.com that his […]
MEXICO CITY — Construction of two passenger rail lines — Mexico City-Querétaro and Mexico City-Pachuca — will begin in April, the Mexican government’s Ministry of Infrastructure, Communications, and Transportation (SICT) announced this week. The announcement confirmed a portion of plans announced in November by President Claudia Sheinbaum, who had previously said three routes would see […]
RIVIERA MAYA, Mexico — The government of Belize has asked that the Maya Train be extended into its country, according to Belize’s prime minister. The Riviera Maya News reports that Prime Minister Johnny Briceño said his county has made a formal request to Mexico’s president, Claudia Sheinbaum, saying the move would strengthen regional ties and […]
WASHINGTON — Federal regulators will attempt to close security gaps on the U.S. rail system for exports destined for Mexico and Canada through a new rulemaking by U.S. Customs and Border Protection. The proposed rule, posted Wednesday, Jan. 8., would require the electronic transmission of rail export cargo manifest data, including an initial filing 24 […]
Since 2019, Union Pacific has been in the steam spotlight with its restored 4-8-8-4 Big Boy No. 4014. In 2024, CPKC stole some of 4014’s thunder with its “Final Spike Tour” using Canadian Pacific 4-6-4 No. 2816. From April to July, No. 2816 operated from Canada through the central U.S. and through Mexico to Mexico […]
Our 2023 rail preservation review illustrated a focus on new and renovated museum facilities. In 2024, focus shifted to activities involving locomotives and rolling stock. Of the 79 preservation stories on Trains News Wire this year, 47 relate to locomotives or railcars. Still, buildings did play a role in preservation this year; one of the […]
CHETUMAL, Mexico — Saying that “only in Mexico can you build a train of more than 1,500 kilometers … in just four years,” Mexican President Claudia Sheinbaum on Saturday and Sunday marked the opening of the final section of the Maya Train project on the Yucatan Peninsula, as well as the first anniversary of the […]
