Railroads see more business growth opportunities in Mexico

03/11/2013 | Omaha World-Herald (Neb.)

Freight rail investments in Mexico keep pouring in as rail companies recognize the business boom in the country, particularly in the manufacturing sector. Several Class I railroads, as well as Ferromex, are beefing up multimillion-dollar investments in U.S.-Mexico route upgrades. "The silk route is now for Mexico into the U.S.," said Finley Foster, AlixPartners' managing director. "Railroads and intermodal carriers are enjoying that because it's a time of burgeoning trade flow."

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Omaha World-Herald (Neb.)

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