Grupo México Transportes (GMXT) announced an increase in its investment for this year, which will reach $580 million, representing a 41.3% increase compared to the $410.3 million projected last February.
In presenting its second-quarter 2025 (2Q25) results, GMXT detailed that the funds will be used to purchase 60 locomotives, railway equipment, and new network projects, as well as for yards and terminals.
The company stated that this investment contributes to the execution of expansion, safety, and efficiency projects, improves service and productivity, and enables the capture of new market opportunities .
“At the close of the first half of 2025, GMXT shows a significant improvement in its operating metrics compared to the same period of the previous year, which was marked by extraordinary conditions that severely impacted network performance. In 2024, the network faced severe disruptions due to the impact of migrants and robberies, which affected up to 95% of daily trains in the most critical months, in addition to an unfavorable cost environment due to the price of diesel in Mexico, 55% higher than that of the United States,” he explained.
According to the report, the company’s revenue in Q2 2025 increased 10% compared to the same period in 2024, totaling 16.672 billion pesos (mdp), the result of a combination of operational, commercial, and growth factors in some segments, coupled with the exchange rate effects of the peso against the dollar.
However, the transported volume registered a drop of 2.7% , going from 17.35 billion ton/kilometer in the second quarter of 2024, to 16.876 billion ton/kilometer in the same cycle of 2025, mainly in the agricultural segment, which was affected in the first quarter of the year by frosts in the United States, but recovered in 2Q25, although it will continue to compensate throughout the year.
“We also saw declines in the metals and cement segments, attributed to a slowdown in the construction industry at the change of administration,” he said.
GMXT reported that the automotive segment saw a 24% increase in revenue , driven by longer routes to Mexico’s northern border and improved equipment availability. “The improved network fluidity has allowed us to gain market share in exports to the United States compared to ships and other railroads.”
In the reference cycle, EBITDA (operating flow) reached seven thousand 370 million pesos, showing a growth of 17.2% compared to the same period in 2024, with a margin that improved 270 basis points year-on-year, due to a change in the traffic mix and a decrease in costs, mainly in diesel, labor, equipment leasing and car hire .
In terms of net income, GMXT increased from 2.79 billion pesos in the second quarter of last year to 3.498 billion pesos in 2Q25, a 25 percent increase.
The company highlighted that in the second quarter of the year it achieved a 15% increase in train speed and improved car speed by 16% , reflecting greater efficiency in the use and availability of equipment, while the average distance traveled per locomotive increased by 18%, which positively contributed to the performance of diesel.
“In the second half of 2025, we will be focused on increasing our growth rate and improving the efficiency of our business processes to maintain the competitiveness of our service,” he said.
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