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The United States-Mexico Chamber of Commerce, California
(Pacific Chapter)
announces
The 6th Annual
Mexico Economic Review and Political Outlook 2004
Newly appointed Mexican Ambassador to the United States, Carlos de Icaza will be the Keynote Speaker. Ambassador de Icaza will be addressing the current relationship between the United States and Mexico.
Topics include:
Mexico Economic Review and Political Outlook 2004, and NAFTA Analysis after 10 Years.
U.S. Customs and Border Protection's New Focus on Supply Chain Security, C-TPAT, and FAST.
Financing Available to Mexican Businesses.
Thursday, August 26, 2004
At The Biltmore, Los Angeles
506 South Grand Avenue
Los Angeles, CA 90071
at 7:30 am.
For non-members, the seminar and lunch will be $135 and $70 for the seminar only. For members, the seminar and lunch will be $85, and $55 for seminar only.
For more information and sponsorship opportunities, contact Marlen Marroquin Gati at tel.(310) 586-7901 E-mail: Info@usmcocca.org
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Kansas City Southern (KCS) and Grupo TMM, S.A. de C.V. announced agreements have been approved by their respective boards of directors, that will, following shareholder and regulatory approval, place The Kansas City Southern Railway Company (KCSR), the Texas Mexican Railway Company (Tex-Mex), and TFM, S.A. de C.V. under the common control of a single transportation holding company, NAFTA Rail, to be headquartered in Kansas City, Missouri.
The common control of The Kansas City Southern Railway Company and the Texas Mexican Railway under NAFTA Rail, will require approval of the Surface Transportation Board in the U.S. In addition, the acquisition of Grupo TFM shares by NAFTA Rail will require the approval of the Competition Commission and the Foreign Investment Commission in Mexico.
"Common control of these three railroads, which are already physically linked in an end-to-end configuration, will enhance competition and give shippers in the NAFTA trade corridor a strong transportation alternative as they make their decisions to move goods between the U.S., Mexico and Canada," said Michael R. Haverty, chairman, president, and chief executive officer of KCS.
"These transactions will be pro-competitive and allow Mexico to strengthen its position in the North American economy. NAFTA Rail will provide a viable rail alternative, while still preserving existing competitive gateways at the border between
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Mexico and the U.S.," stated Jose Serrano, chairman and chief executive officer of Grupo TMM.
KCS is a transportation holding company that has railroad investments in the U.S., Mexico and Panama. Headquartered in Kansas City, Missouri, KCS serves customers in the central and south central regions of the U.S. KCS's rail holdings and investments are primary components of a NAFTA Railway system that links the commercial and industrial centers of the U.S., Mexico and Canada.
Headquartered in Mexico City, Grupo TMM is the premier Mexican multimodal transportation company and logistics provider. Through its branch offices and network of subsidiary companies, Grupo TMM provides a dynamic combination of ocean and land transportation services within Mexico. Grupo TMM also has the controlling interest in TFM, which operates Mexico's Northeast Rail Lines and carries over 40 percent of the country's rail cargo. In addition, TFM hold the concession to operate Mexico's Northeast Rail Lines for 50 years, ending in June 2047, and has the option to extend the concession for an additional 50 years. The TFM rail network consists of more than 2,500 miles of main track.
For more details contact: William Galligan, tel. (816) 983-1551.
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