Losses of 5 billion pesos due to rail blockades in Michoacan

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Oscar del Cueto, president of Kansas City Southern de México, indicated that, due to the blockade, there have been more than 36 stopped trains, more than 5 thousand containers stopped in the port of Lázaro Cárdenas.

The railroad Kansas City Southern of Mexico estimates that it could report losses of 300 million pesos due to blockages in Michoacán that began on October 2, while the industry of various productive branches would report losses of 5 billion pesos, he estimated Oscar del Cueto, president of the company.

In an interview with Milenio, he commented that associations and the industry have been in talks with authorities at the federal and state level, including this Wednesday they held a meeting with the Secretary of the Interior, Olga Sánchez Cordero.

Derived from the blockade in Michoacán , he said that to date there have been more than 36 stopped trains, more than 5,000 containers stopped in the Lázaro Cárdenas port, more than 1,600 vehicles that cannot move and a significant amount of merchandise that has not been able to leave the port area or arrive either.

According to the also president of the Mexican Railroad Association (AMF), the steel industry today is being strongly impacted, unable to bring steel to the production of vehicles and household products such as washing machines, dryers, but also the sheet that It is used without being able to manufacture.

Products such as rebar, wire rod that affect the construction industry are also detained, for example, in the case of self-service stores, the transit of containers is affected, which bring products for the Buen Fin

The automotive industry with import and export vehicles are stopped, many auto parts products are stopped, products that reach the table of consumers because the inputs for their manufacture are stopped.

Source: milenio.com

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