AMLO says he’ll force Mexican freight rail companies to offer passenger service

  • 📰 FoxNews
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 87%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Mexican President Andrés Manuel López Obrador announced Wednesday that private rail companies must either offer passenger services or let the government run its trains on their tracks.

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. President Andrés Manuel López Obrador denied any notion that his decree to be issued later this month amounted to expropriation of private property. He said existing law guarantees passenger trains priority.

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. López Obrador also said the railway network would have to be electrified for passenger service; most freight trains have diesel or diesel-electric locomotives. Moreover, issues of conflicting schedules, train speeds, stations and rolling stock are likely to arise if passenger and freight trains run on the same tracks.

In most parts of Mexico there are few inner-city train tracks or stations left. Mexico's old government national railway company offered poor, slow service and lost huge amounts of money before the private concessionary operators took over the lines.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 9. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Mexican president wants to force private freight rail companies to schedule passenger serviceMexico's president has announced he will require private concessionary railway companies to offer passenger service. If the companies refuse, the government will schedule its own trains on tracks that are currently used almost exclusively to carry freight.
Source: AP - 🏆 728. / 51 Read more »

Mexican president wants to force private freight rail companies to schedule passenger serviceMexico's president has announced he will require private concessionary railway companies to offer passenger service
Source: sdut - 🏆 5. / 95 Read more »