Mexican president on private rail companies

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Mexico's president announced Wednesday that he will require private rail companies that mostly carry freight to offer passenger service or else have the government schedule its own trains on their tracks.

A northbound freight train moves along the tracks where migrants wait for an opportunity to hop on a passing train in Huehuetoca, Mexico, May 12, 2023. MEXICO CITY --

A few tourist trains run on relatively short, unconnected routes to tourist attractions like northern Mexico's Copper Canyon and the western tequila-producing region around Jalisco. The pet project of his administration is the construction of a US$20 billion, 950-mile line, called the Maya Train, which is meant to run in a rough loop around the Yucatan Peninsula, connecting beach resorts and archaeological sites.

Almost all passenger railway services in the world are subsidized to some extent; few make enough money to run on their own, and many lose money.

 

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