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Ferromex

From Wikipedia, the free encyclopedia
Mexican railway company
Grupo Mexico Transporte Ferromex
Ferromex system map (own rails in blue,trackage rights in green)
FXE 4036, anEMD SD70ACe, inTepic,Nayarit
Overview
Parent company
HeadquartersMexico City[1]
Reporting markFXE
LocaleMexico
Dates of operation1998–present
PredecessorFerrocarriles Nacionales de México
Technical
Track gauge1,435 mm (4 ft 8+12 in)standard gauge
Length12,100 km (7,500 mi)
Other
WebsiteFerromex

Ferromex (reporting markFXE) (syllabic abbreviation ofFerrocarril Mexicano, 'Mexican Railway') is a private rail consortium that operates the largest (by mileage)railway inMexico with combined mileage (Ferromex +Ferrosur) of 12,100 kilometres (7,500 mi) and is often classed withNorth AmericanClass I railroads.

History

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Ferromex began operating on February 19, 1998, following the privatization of most of the government-owned railways byMexican PresidentErnesto Zedillo Ponce de León. Ferromex operates more than 9,610 kilometers (5,970 mi) of track and interconnects five major inland Mexican cities, five cities along the border with theUnited States, four seaports on thePacific Ocean, and one more on theGulf of Mexico.Grupo México owns 74%[2] andUnion Pacific Corporation owns 26% of the company.[3] The Ferromex system operates 9,610 km of Ferromex tracks plus 2,654 kilometers (1,649 mi) of Ferrosur tracks.

Attempted merger with Ferrosur

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In November 2005,Grupo México, the majority owner of Ferromex, purchased Infraestructura y Transportes Ferroviarios, the parent company ofFerrosur, another of Mexico's Class I railroads, in aUS$309 million stock transaction.[4][5] The Mexican Federal Competition Commission (CFC) had rejected a proposed 2002 merger of Ferromex and Ferrosur amid opposition from Ferromex competitorGrupo Transportación Ferroviaria Mexicana (TFM).[6]

Following the November 2005 purchase of Ferrosur by Grupo México,Kansas City Southern de México (KCSM), successor to TFM, petitioned the Mexican government to block the merger of Ferrosur and Ferromex. The CFC rejected the merger in June 2006 and stated that the merger would have led to excessive concentration in the railway industry to the detriment of consumers and competing shippers.[7] However, in March 2011, a tribunal ruled in Grupo México's favor, and the merger was permitted.[8]

Passenger services

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Ferromex hosts theFerrocarril Chihuahua al Pacífico "ChePe" railroad, a tourist line that runs through theCopper Canyon. Ferromex also operates theTequila Express, which runs fromGuadalajara to atequila distillery inAmatitán.

Other

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Grupo México Transportes, with Fundación Grupo México, operatesDr. Vagón, ahospital train that offers free, complete healthcare for hard to reach communities in Mexico.[9][10]

Rolling stock

[edit]

In January 2011, Ferromex ordered 44 newSD70ACe locomotives fromEMD, its first order since 2006.[11]

See also

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References

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  1. ^"Grupo México, About us, Offices". Archived fromthe original on December 5, 2008. Retrieved2009-03-02.
  2. ^Barrow, Keith (February 5, 2015)."Grupo Mexico mulls sale of rail business stake".International Railway Journal.
  3. ^Garcia, Beto Vargas (May 11, 2022)."For 30 Years, We Are Union Pacific de Mexico".Union Pacific.Archived from the original on July 18, 2025.
  4. ^FWN Select, "Grupo Mexico Buys Ferrosur Railway From Carso" (Nov. 25, 2005)
  5. ^"Abandonments & Acquisitions".Trains Magazine. Vol. 66, no. 3. March 2006. p. 15.ISSN 0041-0934.
  6. ^FWN Select, "Mexico's Antitrust Agency To Study Railway Merger" (Nov. 28, 2005)
  7. ^FWN Select, "Mexico's Antitrust Commission Rejects Rail Merger Appeal" (Nov. 15, 2006)
  8. ^"Mexican Tribunal OKs Grupo Mexico Railroad merger".Reuters. 2011-03-28. Archived fromthe original on 2011-04-01.
  9. ^"Responsabilidad-social".Archived from the original on 2023-04-12. Retrieved2023-04-12.
  10. ^Dr. Vagon
  11. ^"Railway Gazette: EMD wins two SD70ACe orders". Archived fromthe original on 2011-02-18. Retrieved2011-02-13.

External links

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Wikimedia Commons has media related toFerromex.
Class I railroads of North America
Current
United States
Canada
Mexico
Former
1956–present
pre-1956
Timeline
Railroads initalics meet the revenue specifications for Class I status, but are not technically Class I railroads due to being passenger-only railroads with no freight component.
International
National
Other
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