At the close of trading, the stock closed at 35.01 pesos per share , while the high was 35.68 pesos per share.

Grupo México’s railroad division informed the Mexican stock market that it has called an extraordinary general meeting for June 27 , where it will raise the issue with its shareholders.

He also indicated that approval will be sought to carry out the financing contract , as well as to execute each and every one of the related documents.

In addition to the appointment of delegates to implement the resolutionsadopted by the assembly and, where appropriate, formalize them as appropriate.

GMXT operates more than 11,000 kilometers of track in Mexico, as well as in Florida and Texas in the United States .

In its first-quarter 2025 report, the company explained that despite economic and commercial instability coupled with weather events in the United States, it achieved a 5.7% increase in revenue compared to the same period last year, despite a decrease in transported volumes.

“GMXT maintains its commitment to investing in Mexico by launching its 2025 investment plan totaling $410 million, which includes the acquisition of rail equipment and new projects on the network, yards, and terminals. This will enable the execution of expansion, safety, and efficiency projects, improving service and productivity and enabling us to address new growth opportunities,” the company stated.

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CMA CGM Group , a company dedicated to maritime, land, air and logistics solutions, announced the acquisition of approximately 47.9% of Santos Brasil Participações S/A , a Brazilian logistics company dedicated to streamlining container operations, from funds managed by Opportunity.

The transaction was completed at a price of 13.60 reais ($2.39) per share. As a result, the CMA CGM Group became the majority shareholder of Santos Brasil , holding 51% of the shares.

As announced last September, and as a result of the closing of the transaction, CMA CGM, through CMA Terminals Atlantic SA, will launch a mandatory tender offer to acquire all outstanding shares of Santos Brasil for the same price and terms paid to Opportunity, pending the financial settlement of the tender offer.

The CMA CGM Group also indicated that it intends to convert the company’s registration with the CVM to category “B” and, consequently, remove Santos Brasil from the B3 segment of the Novo Mercado.

The company announced that the Extraordinary General Shareholders’ Meeting of Santos Brasil will be held on April 29, 2025 , to appoint the appraiser.

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Since last Tuesday and until midday this Thursday, its shares had decreased by 11% , to reach a value of 128.95 dollars, against the 145 dollars that it previously registered on average.

UPS reported Tuesday that its revenue from April to June of this year totaled $21.8 billion, a 1.7% drop from $22.18 billion in the same period last year.

Likewise, its operating profit fell 30.1%, going from $2,780 million to $1,944 million. Meanwhile, net profit was $1,409 million , 32% less according to the comparison periods.

While diluted earnings per share were $1.65 for the quarter, adjusted diluted earnings per share of $1.79 were 29.5% below the same period in 2023.

“This quarter was a significant turning point for our company as we returned to volume growth in the United States, the first time in nine quarters. As expected, our operating profit decreased in the first half of 2024 from what we reported last year. Looking ahead, we expect to return to operating profit growth,” said UPS CEO Carol Tomé.

Under this scenario, the company forecasts that its revenues in 2024 will be $93 billion, versus the $94.5 billion previously expected, while capital expenditures will be $4 billion.

Likewise, it restarted the share buyback program for $1 billion annually, $500 million in 2024.

It is worth remembering that on July 22, UPS announced the acquisition of the Mexican Estafeta, a key piece of the American company’s “Better and Bolder” strategy, whose objective is to become the most important international logistics and small package provider in the world.

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