Ferrocarril Mexicano (Ferromex) , a subsidiary of Grupo México Transportes (GMXT) , invested 900 million pesos (mdp) in expanding its infrastructure last year , resulting in a 5 percent increase in capacity .
Juan Carlos Hernández , the railway’s deputy director of Planning and Budget, stated that in light of the changes the sector has undergone, the company has adapted to carry out projects that allow it to meet the challenges.
“Last year, we experienced significant growth in certain corridors, and our general management asked us to respond quickly. In less than six months, Ferromex and Ferrosur invested 900 million pesos in construction projects across nearly 40 kilometers: 30 kilometers of new construction and 10 kilometers of rehabilitation,” he explained.
During a meeting with the Mexican Railway Association (AMF) , he said that with these works they were able to recover the loss resulting from the growth in volume , especially in the southeastern and central parts of the country.
He also stated that they carried out construction, in coordination with companies connected to the industry, of infrastructure to improve operations and efficiency in certain areas.
“We restored approximately 15 trains of capacity in the corridors where the works were built, and it was done in record time. Despite having the main challenge of maintenance, the infrastructure department had to join forces with the projects department, which couldn’t neglect government projects, such as the Celaya Bypass and the Monterrey Bypass, and we achieved our objectives,” he indicated.
It’s worth noting that GMXT reported sales of 60.644 billion pesos in 2024 , up 3.6% from the previous year; net profit of 8.89 billion pesos (+3.8%); and EBITDA of 27.517 billion pesos , up just 0.1%.
Comment and follow us on X: @evandeltoro / @GrupoT21
