Company History: The FCCM was launched in 1999 by the Genesee & Wyoming shortline group to assume operation of 1,119 miles of line in southeastern Mexico (most if not all was former United Southeastern Railway routes.) G&W had a 30 year concession agreement with the government of Mexico to operate the line. In 2005, Hurricane Stan knocked out 175 miles of track and 70 bridges. FCCM resumed operation where they could and assessed the damage. They determined that there was not enough traffic on the line to warrant repairs and notified the Mexican government that operations would cease and G&W would be canceling their concession agreement. G&W officially moved out in 2007. The following year, the freight operations concession was taken over by Ferrocarril del Istmo de Tehuantepecin. They ran it until 2012 when the government amended the railway concession to place more control in the government’s hands. In 2013, Viabilis Holdings obtained the concession under the FCCM name. In 2016, principles of Viabilis/FCCM got into a conflict with the Secretary of Communications and Transportation Ruiz Esparza and Esparza canceled their concession. Operations are again the responsibility of the government.
Brief History: Mexico is a country between the U.S. and Central America that's known for its Pacific and Gulf of Mexico beaches and its diverse landscape of mountains, deserts and jungles. Ancient ruins such as Teotihuacán and the Mayan city of Chichén Itzá are scattered throughout the country, as are Spanish colonial-era towns. In capital Mexico City, upscale shops, renowned museums and gourmet restaurants cater to modern life.
Item created by: Lethe on 2023-12-13 13:41:21
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