Ferromex
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Search complete. 5 mentions across 5 episodes found for "Ferromex".
Oct 15, 2026
speaker_0HOST
In potential rail merger news, there is an article in Trains Online where former Surface Transportation Board Chairman Martin J. Obermann argues that Union Pacific and Norfolk Southern have not yet demonstrated that their proposed merger meets the STB's stricter post-2001 public interest standard.
speaker_0HOST
He questions their claims that a merger is needed to support investment and truck-to-rail conversion, citing longstanding interline services involving BNSF, CSX, UP, NS, CN, and Ferromex as evidence that partnerships can work without consolidation.
speaker_0HOST
Obermann also notes that UP and NS already have most of the infrastructure required for their projected growth.
speaker_0HOST
He says the applicants have not adequately addressed competitive harm, while 23 railroads and short lines have requested 71 conditions.
Luis HernándezGUEST
I'm not sure if that's the big market where we wanna target.
Luis HernándezGUEST
Probably develop what we have and fill it up and try to get better service and, and it will be, now it will be a very, uh, detailed or targeted service performance, right? So we will be competing Ferromex and the CPKC to the Southeast for one day or two days, right?
Kevin BaxterHOST
Yeah.
Luis HernándezGUEST
Rather than it was like, no, one week or the other, or every other day service.
Bill StephensHOST
Yet BNSF has seen its interline business at the CPKC, CPKC gateway at Laredo, Texas to Mexico drop from ten thousand loads per month to zero.
Bill StephensHOST
That volume has shifted to Ferromex via Eagle Pass.
Bill StephensHOST
Uh, is this evidence of rail competition at work, or is this evidence that a gateway is essentially closed? And what does this portend for Chicago or Memphis or New Orleans if UP-NS is approved?
Zak AndersenGUEST
Well, I mean, when you look at a gateway like that, it can still be open, right? You know, CPKC said they're gonna keep it open.
Anne ReinkeGUEST
So there are some really enormous opportunities, uh, cross-border in Mexico.
Anne ReinkeGUEST
We had, uh, Luis Hernandez from, um, Ante and Ferromex at our conference and just talking about what the growth opportunities are.
Anne ReinkeGUEST
He's really excited about it.
Anne ReinkeGUEST
And I, I think it's something we're gonna lean into.
speaker_0HOST
Wyoming producers have spent years failing to build.
speaker_0HOST
Coal from the company's North Antelope Rochelle mine traveled on Union Pacific's network to Nogales, Arizona, where it was handed to Mexican railroad Ferromex for the final run to the port in Sonora.
speaker_0HOST
From there, it was loaded onto a Panamax-sized vessel and shipped to Vietnam, which Peabody told investors at the Jefferies Global Industrials Conference arrived on time and to specification.
speaker_0HOST
The move demonstrates that the route works, not that it is commercially viable.