North American 'Trusted Traders' Begin Rolling on the NAFTA Super-Corridor
by Jerome R. Corsi
Posted Jul 19, 2006
Through a series of acquisitions including Mexican railroads, Kansas City Southern (KCS, NYSE: KSE) has declared itself the nation’s first NAFTA Railroad.
On April 1, 2005, KCS completed the acquisition of Mexican Railroad TFM, S.A. de C.V., an acquisition which gained for KCS all the common stock of Groupo Transportacion Ferrovaria Mexicana, S.A. de C.V., the holding company that owned TFM. In December 2005, KCS changed the name of TFM to Kansas City Southern de Mexico (KCSM). The acquisition of KCSM was a key piece in putting together the “NAFTA railroad,” the marketing brand that KCS uses to market its North American service for both KCSM in Mexico and Kansas City Southern Railroad (KCSR) in the United States.