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      Kansas City Southern de México, S.A. de C.V. has plans to invest more than $200 million in 2008 on several projects involving infrastructure, maintenance and development of its railway service in Mexico.

      “KCSM is committed to continuing its significant investments in 2008. KCSM’s international intermodal corridor, which starts in the port of Lázaro Cárdenas, is today one of the key elements in the economic development of Mexico. KCSM remains committed to being an active partner in Mexico’s economic growth for the future,” said José Zozaya, president and executive representative of the company.

      Zozaya said KCSM supports the Mexico government’s goal of using infrastructure development as an economic engine for the country’s future.

      “We have supported the objectives of the National Infrastructure Program presented by President Felipe Calderón since the beginning. We will continue to do our part by pursuing several railway and intermodal infrastructure projects throughout the country,” he said.

      KCSM is proud of the development and success that the railway and intermodal sector experienced in 2007, and for the economic and social impact caused by that success. In 2007, KCSM invested capital for better rail infrastructure, new locomotives and equipment.

Equipment and line maintenance

      Last year, KCSM bought 90 new locomotives, many of which were manufactured in Ciudad Sahagún, replaced more than 230,000 ties and made improvements to its railway network in more than seven states in Mexico, all adding to the growth of the Mexican economy.

 

Social commitment

      KCSM facilitated the use of old passenger stations as community centers in the cities of Comonfort, Guanajuato; Nuevo Laredo, Tamps.; and San Nicolás, N.L. Also, KCSM established combined work commitments with local officials to pursue the relocation of yards and consider alternative uses for railway stations in other cities, such as Monterrey and San Luis Potosí. As a part of KCSM’s commitment to regional development and because of the outstanding quality of painting locomotives in Mexico, the company decided last year to start the painting of all its new locomotives for Mexico at GE Transportation in San Luis Potosí, and The Kansas City Southern Railway Company (KCSR) will do likewise for all of its U.S. locomotives. The new paint scheme reflects the heritage of the company by using the well recognized Southern Belle passenger locomotive paint scheme used in the 1940’s, 1950’s and 1960’s. Kansas City Southern and its predecessors have been in the railroad business since 1887 and KCSM since 1997...

 

 

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