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Texas Central and Amtrak Seek to Explore High-Speed Rail Service Opportunities

Washington, D.C. – Texas Central Partners (“Texas Central”) and Amtrak are seeking opportunities to advance planning and analysis work associated with the proposed Dallas-Houston 205-mph high-speed rail project to further determine its viability. Amtrak has cooperated with Texas Central on various initiatives since 2016 and the two entities are currently evaluating a potential partnership to further study and potentially advance the project.

The proposed approximately 240-mile route would offer a total travel time of less than 90 minutes between two of the top five major U.S. metropolitan areas and would complement future, new and improved corridor and long-distance service in the southern region.

Texas Central and Amtrak have submitted applications to several federal programs in connection with further study and design work for the potential Dallas to Houston segment, including the Consolidated Rail Infrastructure Safety and Improvements (CRISI) grant program, the Corridor Identification and Development program, and the Federal-State Partnership for Intercity Passenger Rail (FSP-National) grant program.

Amtrak has worked with Texas Central since 2016 when it entered into agreements to provide through-ticketing using the Amtrak reservation system and other support services for the planned high-speed rail line.

In addition to current Amtrak service in Texas and planned station improvements, Amtrak submitted grant applications for daily Sunset Limited service and the extension of the Crescentfrom Mississippi through Louisiana and Texas. Amtrak supports Kansas DOT’s Heartland FlyerExtension Corridor Identification and Development (Corridor ID) application that will connect Wichita and communities across Kansas, Oklahoma, and Texas to the Amtrak network. Amtrak also supports Texas DOT’s applications for the Texas Triangle (Dallas – Fort Worth – Houston – San Antonio) routes.

Hapag-Lloyd successfully completes SM SAAM terminal business acquisition

Hapag-Lloyd (OTC: HPGLY) today successfully completed its 100 % acquisition of SM SAAM’s terminal business and related logistics services, which is based on an agreement announced in October 2022. The transaction was approved unconditionally by the relevant antitrust authorities of all countries involved in this acquisition process.

Investing in terminal infrastructure is a key element of Hapag-Lloyd’s strategic agenda, and Latin America is one of its key markets. The transaction includes interests in terminals in Iquique, Antofagasta, San Antonio, San Vicente and Corral (Chile), Port Everglades (United States / Florida), Mazatlán (Mexico), Buenavista (Colombia), Guayaquil (Ecuador) and Caldera (Costa Rica) as well as related logistics services. The acquisition will further strengthen Hapag-Lloyd’s core liner shipping business and help the carrier to build up a robust and attractive terminal portfolio.

The new entity will be led by its CEO, Mauricio Carrasco, who has been Managing Director for the Terminals Division within the SAAM Group since 2020. Mauricio Carrasco is an experienced senior executive with long-standing experience in Latin America and globally. He has served as Senior Vice President of Development at CSAV and as Senior Director at Hapag-Lloyd, with responsibilities in the Americas, China, Dubai, and India. Rodolfo Díaz, former Senior Director Business Administration Region Latin America at Hapag-Lloyd, will join him as CFO.

Hapag-Lloyd has continuously expanded its involvement in the terminal sector and holds stakes in the Container Terminal Wilhelmshaven, the Container Terminal Altenwerder in Hamburg, the Italy-based Spinelli Group, the India-based J M Baxi Ports & Logistics Limited, Terminal TC3 in Tangier, and Terminal 2 in Damietta, Egypt, which is currently under construction.

Aeromexico and Delta Resume Austin and Dallas Service, Increase Flights to Houston

Effective July 1, Aeromexico and its partner Delta Air Lines will resume daily service from Mexico City to Austin and Dallas, Texas, adding to their current weekly service from Mexico City to Houston and San Antonio, Texas. Additionally, starting next week, both carriers announce an increase in their service to Houston.

With these resumptions, the airlines will offer a total of 47 routes between the United States and Mexico, increasing connectivity to benefit their joint customers.

Austin offers cultural attractions for all types of visitors, such as the impressive Texas State Capitol, Zilker Metropolitan Park, Lady Bird Lake, and the SoCo District, renowned for its art galleries, restaurants, and music venues. It’s also home to a thriving technology community and the University of Texas at Austin.

Further north, Dallas is a great business and leisure destination, featuring the largest urban art district in the United States, more than 160 museums in the metropolitan area, and the biggest and oldest zoo in Texas. It’s also home to companies from important sectors such as telecommunications, information technology, financial services, and transportation.

During April, both airlines will offer approximately 3,600 flights between the U.S. and Mexico, a seven-fold increase compared to the same period in 2020.

Both airlines offer the highest standards in safety and cleanliness protocols meant to protect their customers and employees. Delta offers the Delta CareStandard, while its main partner Aeromexico offers the Health and Sanitization Management System (HSMS).