Transportacion Ferroviaria Mexicano, S.A. de C.V
The joint venture company Grupo Transportacion Ferroviaria Mexicana, S.A. de C.V. (TFM) assumed operating control of Mexico's Northeast Railway --- the "crown jewel" of Mexico's four rail regions --- in June of 1997. It was the first railway to be privatized under Mexico's National Development Plan which includes the privatization of several government-owned-and-operated entities.
TFM operates the primary rail route in northern Mexico linking Mexico City with Laredo, Texas, where over 50 percent of U.S.-Mexico trade crosses the border. The line also connects major population centers within Mexico in Monterrey and Guadalajara and the ports of Lazaro Cardenas, Veracruz and Tampico. Its 2,661-mile line accounts for 19 percent of rail in Mexico yet carries 40 percent of the country's total rail cargo.