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The scope of the report is limited to 31 routes with specific points of origin and destination in the Veracruz market, and each route is tied to a specific product. Kansas City Southern de México (KCSM) is strictly involved in rendering freight transportation services in limited portions of seven of those routes. In 2018, KCS’s revenue linked to these routes represented less than $3 million.
The report “has no impact on KCSM’s current business, operations or rights under the concession, and the company plans to file a brief challenge to the report and offer evidence to support the objection,” KCS said. COFECE “must issue a final report by mid-October, which takes into account the report and arguments, challenges and evidence rendered by KCSM and other parties within the scope of the report.
This article first appeared on www.railwayage.com
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