TwitterFacebookRSS Print Friendly and PDF

-
GE impressions

Rail News Leader - Progressive Railroading

become a membernewsletters signup


<< Rail News Home: Intermodal

10/24/2013


Rail News: Intermodal
Ferromex, UP launch 'Eagle Premium' intermodal service



Ferrocarril Mexicano S.A. de C.V. (Ferromex) and Union Pacific Railroad earlier this month initiated a new intermodal service between Monterrey, Mexico, and Chicago.
 
The "Eagle Premium" service targets customers and carriers that currently move $473 billion worth of goods across the U.S.-Mexico border using 6 million trucks, Ferromex officials said in a press release. Trains will run Monday through Saturday to and from Monterrey and Chicago, with transit times estimated at four days for southbound traffic and five days for northbound loads.

The service offers lower logistics costs and reduced travel times between Nuevo Leon and Illinois, as well as neighboring states, Ferromex officials said.

A Grupo Mexico subsidiary, Ferromex moves 17 percent of Mexico's total cargo by tonnage. The railroad plans to spend $450 million this year to increase capacity and velocity as part of a five-year, $2.5 billion capital plan.

More news items from 10/24/2013
Rail Industry Online Only Features
(past 30 days)

Keywords

Browse articles on Ferromex on Progressive Railroading



1

RAIL EMPLOYMENT


NEWSLETTERS SIGNUP

Stay updated on news, articles and information for the rail industry





Share