Mexico rail

Train carrying Volkswagen vehicles sabotaged in Mexico

A train carrying more than 160 Volkswagen cars was derailed in Mexico last Wednesday by armed thieves, according to Mexican authorities.

The train tracks were cut near the town of Acultzingo, about 80 southeast of the Volkswagen assembly plant in Puebla, Mexico, where the company makes its Jetta, Tiguan and Golf models.

Authorities said about 11 train cars carrying a load of Volkswagen vehicles bound for Europe were derailed on the way to the Port of Veracruz. The incident happened about 3 a.m....

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Morgan Stanley sees little chance Mexico will nationalize railroads

A photograph of a train locomotive passing by some trees.

The possibility that the Mexican government would seek to nationalize the freight railroads seems unlikely, but it can’t be ruled out, according to a research update from investment firm Morgan Stanley.

The update, released Sunday, summarized two recent reports, one from the local newspaper El Universal saying that Mexican President Andrés Manuel López Obrador was considering nationalizing the railroads, and another from the same source  later in the day disputing that report.

The reasons Mexico...

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