KCS promotes rail corridor benefits in Mexico


KCS promotes rail corridor benefits in Mexico

The rail operator Kansas City Southern (KCS) is promoting in Mexico the benefits that its trinational freight corridor could offer once the US authorities approve the merger with Canadian Pacific (CP).

On Tuesday, the president of Kansas City Sur de México (KCSM), Óscar del Cueto, announced on Twitter that he held a meeting with the head of the Ministry of Infrastructure, Communications and Transportation (SICT), Jorge Nuño Lara, to promote the alliance . Also present were KCS CEO Pat Ottesmeyer and Executive Vice President of Operations John Orr (all pictured).

Neither KCSM nor the SICT provided further details, but it is the first time that company representatives have met with Nuño Lara, appointed secretary in September.

BNamericas contacted both the secretariat and the operator, but received no response.

KCS’s $25 billion merger with CP almost came to fruition at the end of 2021. However, the US regulator, the Surface Transportation Board (STP), has yet to give the deal a green light.

The acquisition would not only create the first rail network between the United States, Mexico and Canada, but could also translate into increased investment opportunities for Mexico, KCSM infrastructure director José Manuel Fragoso said during an event in October.

To continue reading, subscribe to BNamericas and get all the details about this article and access to other related news and reports.

<button data-toggle="popover" data-trigger="click" data-html="true" data-placement="bottom" data-content=" ” class=”btn btn-lg btn__orange-light “> Free Demo

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.