(Source: Freight Waves, September 17, 2019)
CHATTANOOGA, Tenn. — Kansas City Southern expects to leverage its operations in Mexico as U.S. and multinational companies take advantage of the country’s 2013 energy reform and export crude oil to Mexico. KSU chief executive officer Pat Ottensmeyer said last week that his company was investing in building terminal facilities to create capacity in Mexico so that KSU can deliver refined product from the U.S. Gulf Coast into Mexico. Volume is up between 12% and 13% year-to-date between Beaumont, Texas, and Monterrey, Mexico, as a result of rising growth in refined petroleum products.
Full story: Freight Waves