Image credits: T21
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News Article

Rail Sector Has Positive Outlook

By Pedro Alcalá | Wed, 05/27/2020 - 19:16

Mexico’s railway sector is reporting an uptick in activity during the economically difficult times of COVID-19. This increase in operations is independent from Mayan Train project investments. Yesterday it was reported that air cargo passing through the 10 main airports in the country has decreased. However, railway cargo has increased. According to a report from T21, which cites statistics from the Mexican Railway System (SFM), total rail cargo traffic in all of Mexico during the first four months of 2020 was reported to be 40,590,000 tons, which represents a 0.8 percent increase over total traffic for those same four months in 2019 totaling 40,250,000 tons.

COFECE has been polling industry stakeholders in an effort to gauge interest in a change of rules concerning competition between different cargo rail users and providers. According to T21, this online questionnaire will be available online until June 26 and is meant to promote the efficiency of the sector and to build more productive supply chains. The response from the industry has been positive so far. Jesús Francisco López, Director of Institutional Relations of CAINTRA Nuevo León said the “Mexican rail sector has presented positive development as a result of accelerating concessions but it still has areas of opportunity that can be addressed.”

Other segments of the rail sector are also blooming. For example, T21 also reported this week that Comsa, a prominent Spanish corporate group dedicated to infrastructure and energy projects, has won two tenders for rail work in Mexico. One is the rehabilitation of rail lines in the La Mata-Colonia Jordán segment of the existing Transisthmic Corridor infrastructure. The other one covers the rehabilitation of the Mexico City light rail line between Estadio Azteca and Xochimilco stations.

The data used in this article was sourced from:  
T21
Photo by:   T21
Pedro Alcalá Pedro Alcalá Journalist and Industry Analyst