Logistic

First phase of the New Port of Veracruz to begin operations in June
A 2.67-mile (4.3 kilometers) breakwater, the longest in Latin America, has been finished in the New Port of Veracruz, hence a new terminal facility is almost ready to begin operations adding capacity to the 116-year old harbor. Such expansion is part of a US$ 3.69 billion (MXN$ 70 billion) project ...
Footwear industry interested in investing in Oaxaca
Governor Alejandro Murat met with directors of the Flexi and Taguesi footwear industries, who expressed their interest in investing in Oaxaca for the opening of a footwear factory that will require an investment of US$969,488 million and will generate 1000 direct jobs. Guzmán Cobián, made a tour ...
Four new companies arriving in San Luis Potosi
Four companies will join the logistic cluster in the State of San Luis Potosi (SLP) in 2017, closing the year with a total of 20 companies. Alba Montes Solano, Director of the cluster, indicated that this a unique cluster in all of Mexico, which has sparked interest from other states to start develo...
Four new highways were built in order to reactivate Veracruz as a logistic and commercial center
In order for Veracruz to become a reliable logistics and commercial center of Mexico, the Ministry of Communications and Transportation (SCT) carried out the construction of four new highways. The recently built highways are the Nautla-Gutiérrez Zamora, the Coatzacoalcos vehicular bridge, the Port...
Four railway companies to invest US$485 million in Mexico during 2018
Four railway companies established in Mexico will invest nearly US$ 485 million in 2018, for tasks of infrastructure improvement, rehabilitation and maintenance of the railway network. One of them is Kansas City Southern (KCSM), which has a committed investment of US$ 110 million. "A part will be ...
German logistics provider Dachser expands its presence into San Luis Potosi
Driven by the revamped commercial deal between the European Union and Mexico, as well as the opening of the new BMW plant, German logistics company Dachser will open a new office in San Luis Potosi, which will complement the other representations they have in Mexico City, Monterrey, Guadalajara and...
Grupo Mexico completes acquisition of Florida East Coast Holdings
Grupo Mexico announced it has completed the acquisition of U.S. rail company Florida East Coast Holdings. The deal first revealed on March 29 closed for US$ 2 billion. To raise funds, the group used two loans, one with Spain-based BBVA and Credit Suisse for US$ 1.55 billion and another from Santande...
Grupo Mexico Transportes’s flow increases 12.4%
MEXICO — During the first quarter of 2019, the railway company Grupo México Transportes obtained an operating flow of US$251 million, 12.4% higher than that registered in the same period last year. In its financial report sent to Bolsa Mexicana de Valores (BMV), the firm stated that said increa...
Grupo Mexico’s transport division acquires Florida East Coast Railway for US$ 2.1 billion
GMéxico Transportes S.A. de C.V. (GMXT), the transportation business unit of Grupo México, and the Florida East Coast Railway Holdings Corp (FEC) announced that they have entered into an agreement under which GMXT will acquire FEC in an all cash transaction. The acquisition is expected to close s...
Heil Trailer expands its line of stainless steel products
Heil Trailer International has expanded its line of stainless steel products for the 2017 model year in a variety of styles, sizes and applications. Available from 1,000 to 12,000 gallons, one to eight axles and from one to six compartments the stainless steel line of trailers is built to suit many...
How did cargo traffic for railways close during 2018?
MEXICO — During 2018 railway networks reported a mixed behavior in cargo movement, since three of them, finished with increases and the rest with falls, with respect to 2017. Thus, the Coahuila Durango Line reported the highest growth in the year, accumulating 3, 459,000 tons, 7% more than the 3...
Hutchison Ports Invests US$20 Million in Rotatable Containers
MEXICO – Hutchison Ports Timsa made an investment of over US$20 million to purchase 200 rotatable containers and two revolver-type spreaders, which are designed to transport and handle mineral bulk. With this acquisition, Hutchison Ports Timsa will have a total of 340 special containers and four ...
Hutchison Ports moves cranes from Lázaro Cárdenas to Ensenada
ENSENADA — As part of the expansion of its multipurpose port terminal in Ensenada, the company Hutchison Ports displaced two Super Post Panamax gantry cranes and two more RTG type cranes from Terminal Especializada de Contenedores (TEC I) of the port of Lázaro Cárdenas, Michoacán, to the Ensena...
Hyundai subsidiary invests US$ 450 million in two spare parts distribution centers
Mobis, a subsidiary of Hyundai Group, invested US$ 450 million to build two spare parts distribution centers in Nuevo Leon and the State of Mexico to support customer services for KIA and Hyundai. Each facility has a 14,000 square meter footprint and capacity to store 920,000 spare parts, to supply...
Identifying infrastructure projects in Special Economic Zones
The Federal Authority for the Development of Special Economic Zones (AFDZEE) is contemplating over 70 infrastructure projects related to transport and logistics in these regions, investing US$2.5 billion, informed Gerardo Gutierrez Candiani, head of AFDZEE. Nearly 95 infrastructure projects were ide...
IEnova’s fuel terminal in Veracruz to feature more capacity than originally planned
IEnova, a Sempra Energy subsidiary dedicated to the development of infrastructure for the Mexican energy sector, will begin to build a US$ 155 million storage facility for liquid fuels in the port of Veracruz in the coming weeks, national media reported. The company revealed it has increased the p...
Illinois-based SEKO Logistics to open 20 locations in Mexico
Illinois-based transportation and warehousing services supplier SEKO Logistics has announced a massive expansion in Mexico aimed to establish an operation network in 20 locations across the country. In its first phase, SEKO Logistics Mexico will operate from locations in Laredo/Nuevo Laredo, McAlle...
In 2018 foreign investment in Mexico reached US$32 billion
During 2018 the foreign direct investment (FDI) that Mexico received was around US$32,000 million, which leaves the country outside the list of the top ten countries that receive the biggest flows worldwide, according to a report of the United Nations Conference on Trade and Development (UNCTAD). T...
In light of Brexit, Panalpina finds some answers for its customers in Querétaro
Panalpina has set up a task force for Transatlantic supply chains that might face delays in light of Brexit, using the routes of its Charter Network that connect with Querétaro International Airport (QRO), the Swiss logistics supplier announced. Last May, Panalpina added QRO to its “Speedy” lo...
Intelligrated to be acquired by Honeywell for US$ 1.5 billion
Intelligrated, a North American-based automated material handling solutions provider with operations in Mexico, has entered an agreement to be acquired by Honeywell in a transaction valued at US$ 1.5 billion, according to a brief the company posted on its website. Intelligrated's 2016 sales are est...

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