Latest on the construction of the CPKC railroad
Here's what we know about the train that will link Mexico, the US and Canada. This rail network is intended to boost the grain, automotive and energy markets.
Following the merger of Canadian Pacific Railway Limited (CP) and Kansas City Southern, one goal is in sight, the construction of the first rail network connecting Canada, the United States, and Mexico, to boost trade in the three nations.
This is the construction of the CPKC, which will have more than 32 thousand kilometers of the railroad that will connect the main logistic points of Mexico, the United States, and Canada to serve and promote the automotive, energy, and agricultural grain industries.
What is known about this rail network?
According to the CEO and president of Kansas City Southern, Patrick Ottensmeyer, the rail network will run across Canada, cross the Midwest of the United States and finally connect with northeastern Mexico.
In a press release, the company said that the creation of the network "will use two railroads that have focused on providing services to their customers," and will provide new and competitive service and transportation options, which will drive economic growth in North America.
CP's President and CEO, Keith Creel, described that this rail network comes at the best time, since the T-MEC signed between the three countries, gives greater relevance to the integration of the supply chain in the north of the country.
What sectors will benefit from this rail network?
The companies involved emphasized that this project will generate better and more competitive alternatives for service providers. Creel indicated that the construction of the project will boost the grain, automotive, auto parts, and energy sectors, thanks to the efficiency and simplicity of the joint network. This will help product receivers to increase their production volume.
Where would the rail network cross?
Although the route line may change, Patrick Ottensmeyer pointed out that the rail network is planned to cross through the ports of Vancouver and Saint John, in Canada; connect with the Midwest region of the US in Texas and New Orleans; to finally arrive through Brownsville or Laredo to Nuevo León and Tamaulipas, in Mexico to go down through the states of San Luis Potosí, Querétaro, Mexico City, and Veracruz.
Despite advancing such details, the directors reserved a tentative date for the completion of construction and the beginning of operations.
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