Grupo Mexico to acquire Florida East Coast Railway Holdings Corp.

A unit of Grupo Mexico will acquire Florida East Coast Railway Holdings Corp. under an agreement announced today.

Photo – PR Newswire

GMexico Transportes S.A. de C.V. (GMXT), the transportation business unit of Grupo Mexico, will acquire Florida East Coast Railway Holdings Corp. (FEC) in an all-cash transaction under an agreement announced today.

Subject to closing conditions and government approvals, the FEC acquisition will establish GMXT as an "important railroad owner" in the United States, according to a press release issued by both companies.

GMXT operates more than 6,200 miles of track covering...

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Expert Traveler: Pigeon Hops on the Light Rail

Denver RTD unveils new real-time transit app

The Regional Transportation District of Denver (RTD) has launched Next Ride, a web-based application that provides real-time transit information.

Next Ride displays "accurate and timely" predictions of vehicle locations for light rail and bus, which makes trip planning easier, RTD officials said in a press release.

The application is available on the agency's website and doesn't require downloads from third parties. It's also optimized for mobile devices, RTD officials said.

For the past year, RTD has...

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