KCS buys intermodal terminal in Mexico

KCS buys intermodal terminal in Mexico    Kansas City Southern said Monday it has acquired Ports America’s Puerta Mexico intermodal facility at Toluca, 40 miles west of Mexico City.
   The railroad said that later this month it will add direct train service from the port of Lazaro Cardenas to Puerta Mexico, providing Mexico City import and export shippers with a service alternative that it said would feature improved consistency and reliability and better transit times.
   The facility has estimated capacity for 150,000 containers and 2 million tons of cargo per year on more than 130 developed acres.
   'Puerta Mexico is well-positioned on KCS's International Intermodal Corridor, making it a valuable enhancement for our cross border service offering,' said David L. Starling, KCS president and chief operating officer.
   The railroad said Puerta Mexico serves industrial centers in Mexico and the United States, several important seaports and the Toluca-Mexico City industrial corridor. The facility provides intermodal rail and truck services, warehouse storage and has the only inland customs-clearing facility in the State of Mexico.
   Last year Ports America said intermodal company Pacer International had begun regular service to the facility.