What does TMM stand for?

Financial problems led TMM to suspend payment of interest on bonds maturing in 2003 and 2006 and sell its assets, including shares in a port-management agency Transportacion Maritima Mexicana Puertos y Terminales (TMMPT) and in its rail company Transportes Ferroviarios Mexicanos (TFM) to Kansas City Southern Industries, its US partner in the rail venture (see SourceMex, 2003-04-30).

TRANSPORTATION Transportacion Maritima Mexicana, a maritime transport company, won a lawsuit against the Mexican government demanding value-added tax refunds.

Panamco Appoints New Chief Financial Officer Joining Panamco to serve as Chief Financial Officer is Mario Gonzalez Padilla, who has been Chief Financial Officer of Transportacion Ferroviaria Mexicana ("TFM"), the largest Mexican railroad company and, prior to that, served as Administrative Corporate Director of Transportacion Maritima Mexicana ("TMM", NYSE: TMM).

In proposing the merger, the two rail companies argued that the consolidation of their operations would increase efficiency in Mexico's rail system and create increased competition by creating an alternative to Mexico's leading rail company, Transportes Ferroviarios Mexicanos (TFM), a subsidiary of ocean transport giant Transportacion Maritima Mexicana (TMM).

We and our partner, Transportacion Maritima Mexicana, S.

Nasdaq:COCO), BOLDER Technologies Corporation (Nasdaq:BOLD), Transportacion Ferroviaria Mexicana (NYSE:TMM), and Transportacion Maritima Mexicana (Nasdaq:TMM) will broadcast their investor communication conference calls over the Internet, Investor Broadcast Network announced.

Ehrman discussed EGS Partners' funds and also specific holdings Transportacion Maritima Mexicana, S.

TFM was formed in 1997 when Transportacion Maritima Mexicana (TMM) and Kansas City Southern Industries (KCSI), two companies specializing in world class transportation services, joined forces to acquire the shortest and safest route from Mexico to US for railroad freight.