Ferromex

Ferrocarril Mexicano, Ferromex short ( FXE ), is a Mexican Railway Company. The company is Mexico City. The railway company is owned by the " Grupo Ferroviario Mexicano " ( GFM ), a joint venture between Union Pacific Railroad and Infraestructura y Transportes Mexico ( ITM ) is a subsidiary of Grupo México and the Mexican entrepreneur Carlos Slim.

The company drives on a route network of 8650 km, of which 7930 km in his own possession. The fleet consists of approximately 500 locomotives and 10,000 wagons. The 6,185 employees carries about 534 974 truckloads of 38.4 million tons. Transitions to the train network of the United States shall consist in Mexicali and Nogales to the Union Pacific Railroad, in Ciudad Juárez and Piedras Negras ( Eagle Pass ) to Union Pacific and BNSF Railway, in Presidio to Texas Pacifico Transportation, which is also part of Grupo México.

History

In 1995, the Mexican government decided to privatize the state-owned railway company Ferrocarriles Nacionales de México. This is not the entire network and the operation was privatized as a company, but it was many years operating rights to travel on certain route networks advertised. For the route network in the western and central Mexico ( Ferrocarril Chihuahua al Pacífico and Ferrocarril Pacifico Norte ) received the consortium of Union Pacific Railroad (13 %), the construction group Constructoras ICA (13%) and the Mexican mining company Grupo Mexico (74%) for 3940.9 million dollars the award, becoming the largest Mexican railway Company. On February 19, 1998, the company started operations. 1999 stopped the UP their share through the acquisition of the ICA share to 26%. Since start of operations was constantly invests primarily in new locomotives and routes. Thus, since 1999, 70 locomotives of the latest series EMD SD70ACe and GE AC4400CW were acquired. Merger talks with the Ferrosur have been kept since 2002. Due to the lack of approval by the antitrust authorities, the merger has not yet been realized, although Ferrosur since 2005 is a 100 % subsidiary of Grupo México Infraestructura y Transportes Mexico.