Strike? Again? We need to quit bowing down to them and open up the work to others. Spoiled babies think they have the toughest job in the world when in fact they work as little as possible
It doesn’t need to replace the Panama Canal, it just needs to be another option which is fantastic for global trade. I sure hope Mexico can secure investment to complete this sooner rather than later.
It doesn't make sense for freight. A neopanamax freighter can hold over 16000 TEU. Some quick napkin math says a train would need to be impossibly long just to move 1 freight worth of goods.
@@ZantharEos I too have a phd in napkin math...this is a nightmare of reloading and reloading...you need a super highway of railways of up to 6 rails in one direction.
It was a $5B canal just half a year ago 😂 one a single port is like $3.5B if you buy it from China (which you shouldn't). The goal seems to end half-finished out-of-budget, forcing Mexico to go into crippling debt or sell the project and land and transport rights to China.
Similar to Thailand's proposal, which aims to position itself as an alternative to another large shipping port in Singapore, Mexico shares a comparable vision. I wonder how far Mexico can go with this idea because in developing countries like Mexico and Thailand, large-scale projects often stall due to prolonged internal disputes, corruption, or a lack of follow-through, resulting in incomplete or unusable outcomes. Despite having numerous innovative ideas, these countries often struggle to translate them into tangible results. Thailand, for instance, has been discussing this concept for nearly a century already.
Mexico and Thailand are not the same. Mexico is no longer a “developing country” it just has a lot of poverty. Thailand IS a developing country and has the economy size nowhere near Mexico does.
Doubt this really is feasible. Plus the Panama Canal Authority is planning on damming another river to provide additional water to Gatun Lake, the source of water for the Canal locks. So this recent drought crisis won't repeat in the future. Panama Canal is still the premier method to move cargo from US East Coast and Gulf of Mexico to the Far East. The new locks can handle larger container vessels so Mexico rail is really not needed.
More power to Mexico, you go guys, best wishes. When our neighbors improve, our neighborhood improves. Mexico is one of our main trade partners and producers, so everything works out in the long term.
🤦♂️ it’s all a system, cartels don’t mess with federal projects because than the military takes them out, the only reason the military doesn’t is because generals get paid millions to not intervine but that works both ways . This is why Pemex the largest contributor to the Mexican economy not messed with cuz they know. Cartels business is trafficking everything else they don’t mess with
What you guys dont get is that there will be factories along the way. You could potentially receive raw goods at one point and end up with manufactured goods kn the other.
I was going to type so, the goal is not to create a corridor only but a manufacture zone, there will be 10 new industrial poles. As the mexican president told to the US president, if we want China to stop sending stuff to our countries. USA, Canada and Mexico need to work as one single block.
They're making a good argument for diversification and also industrialisation of the area concerned. A 3-5% GDP boost would definitely make this a worthwhile investment.
@@mlblja The US looks the other way to illegals because US industries profit greatly from them. The Republicans make believe this is a problem but also can't fix it, industry demands it continue. If the border gets "fixed" the industries will pass the increased cost of legal workers onto the consumers, prices of food products will go up even more. Mexico will eventually get their act together and the flow of illegals will slow, and food manufacturers will have to hire US workers and pass the cost on to the rest of the country, but not today, or in the next decade.
7.5 Billion $ is nothing. Germany has been spending what is now estimated at over 10 Billion €, and years to build a single train station in Stuttgart 21
The government of Mexico has stated multiple times that the goal of the Interoceanic Corridor is not to compete against Panama, but to create an alternative. And beyond being a substitute only in shipping, it looks to become a sort of "industrial route" where perhaps shipments enter the region as parts or primary goods and leave the other end as final consumer products for the US and Europe. So competition is not even in the original conception, I think it's spot on to call it co-opetition
so glad to see mexico is making huge improvements and advancing as a developing nation. i wish nothing nothing more than a prosperous future for this country and its people🙏
No they aren’t. They can’t even build a much needed major airport. United States has like 25 major airports, Mexico tried to build ONE five years ago and gave up half way through
They are creating “industrial parks” to meet this need. Yup it’s all been figured out already by AMLO. Hence the new airport will be accommodated this new area as well. Mexico got new leadership, new party MORENA is making some real changes it’s not by coincidence.
Many don’t know that 4th biggest user on the planet of the Panama Canal is actually México itself… and when this corridor is completed in 2025 they will no longer use it because they can use their own infrastructure… so right of the bat, little by little the Panama Canal will lose one its biggest customers and this in turn will become a competitor.
They are 7th with 8.71 million long tons and only represent ~3.5% of total tonnage. For comparison USA is 150 million long tons. Source: statistia-Cargo-Volume-Panama-Canal-Country-of-Origin
@@deadspeedv Only? 🤣😂. Any country in the top 10 that uses the Panama Canal, Panama does not want to lose as a customer. And they will lose a big one in Mexico !
We do have other interoceanic capacities within Mexico like the baluarte bridge. I can only think of Cemex as a company which would greatly benefit from it since they are already based on the port of Salina Cruz.
The drought is over and the canal is back to normal capacity by now. However, the droughts are expected to worsen and become more common in the future. Panama has to build a new reservoir using the Rio Indio west of the current Gatún Lake.
They will convert Maya train to heavy loads, but the main concern it's the geology in some areas over time there will be stress in the infrastructure underneath
@@everardocaballero1 Railroads are designed for light or heavy use from the start of project. Not converted from light to heavy. Clearly you do not denote engineering knowledge.
Infrastructure projects with negative financial and social returns. A refinery, a train in the jungle for tourist, an improvement on a military airport than solves nothing regarding the old Mexico City airport, an airline, a salt company. Public money to negative return projects.
I feel like the idea is to simply alleviate *some* demand on the Panama Canal rather than a replacement for it. It will just lead to decongestion in Panama and probably force them to lower some costs as well since they'll have competition.
the mayan train is a complete failure , why making a train that has to destroy so much forest , only for 300000 people has used that train .... a complete mess ... is sad ...
@@rioluna6058 8f the right wing would have taken over this project I bet your arguments would be the opposite. A clear example is the failed airport in Texcoco. People like you defended that aberration of a project even though there's a clear impact in the immediate ecological aspect and to the city of mexico and its near by residents with water shortages.
@@roger9685 the right wing? Viejo no soy de México solo digo que no me parece que sea una buena inversión y si tras de todo cuentas con que se tallaron millones de árboles y se corto en dos una jungla bueno obvio. Lo veo Malosimo. Soy de Costa Rica obvio que si veo que un proyecto tras de que monetaria ente nunca va a ser rentable y se boto demasiados árboles me voy a sentir mal. En un mundo donde el cambio climático nos va afectar muchísimo proyectos como esto no son buenos. Y aparte creo que el tiene un dogma terrible sos vos... Supuestamente diciendo que yo soy de derecha pero el único acá que tiene una clara inclinación política sos vos... En fin quien entiende... Bueno que tengas un buen día lo digo honestamente pero si tienes que analizar un poco más las cosas creer que todo lo que venga de izquierda o de derecha es exclusivamente bueno o malo es una manera increíblemente simplista de ver las cosas.
It’s not a disruption to the canal. It’s an alternative and can lessen the bottlekneck at the Panama canal. Remember when that ship was stuck and the world experienced supply chains breaking ?
It's the American mentality. They see the world as a zero gain sum. In Latin America we understand that the best a country does, the best I also do. So a rich Mexico, a rich Panama is in everyone best interest.
Yeah, due to all the cranes involved in loading and unloading these gigantic ships there is a physical limit to how fast ships can be loaded & unloaded, even if the labor is the most efficient in the world.
@@selwrynn6702no they will unload the cargo and reloaded to a different ship. Remember there is a lot of cargo ships and large companies operate them at a large scale.
Mexico is already transporting goods thru their ingenious hybrid canal route as we speak and many external companies are bustling to get included in this route.
Looks like a very good promising financial deal for Mexico; maybe expand the one port to its capacity then set up 2, 3 or even 4 more ports along the coast to match the demand with one main rail crossing the land.
Mexico is a narco state and you are talking about promising financial deals? this is a pipeline for corruption and graft. Mexico is incapable of open, clean profitable development. but yes, millions could be made by opportunists.
@@badbad-cat TR is responsible for the construction of the Panama Canal. He played a part in Panama’s independence from Columbia and then the US owned the canal after having built it since the previous attempt by the French turned out to be a terrible failure (disease and such). TR even visited the canal while it was under construction while he was president, the first time a US President had left the country while in office I believe. This is what I can recall from the Ken Burns documentary on the Roosevelts.
@@ancestors The Mexican army built the Tesla Plant? The Chinese Car factories? Amazon? Will look this up, but I doubt it. Same with the rail and engineering projects.
that isnt actually the main goal of this corridor, the main goal is to unload raw goods on one side, manufacture it into finished products along the way and then load finished goods on the other side its a giant assembly line
@@samuelluria4744 yeah thats a terrible idea, you cant just fit the processing equipment for most goods on a ship, and even if you tried it wouldnt be worth it
I feel we need countries like Mexico bringing alternatives to Panama canal , as an entrepreneur i would will invest on to the development project of Mexico and get a good discount for my products to go through it as it consumes bit more time than Panama cannel . I don't feel few hours of time consumed in Mexico will not effect the supply chain as much as possible there is developed countries on the other side to receive the product
This is great. Glad to see Mexico making these kinds of move. The big issue with this ofc is going to be security though. It NEEDS to be watched closely and secured.
It’s not for ships to pass. So it’s a different purpose. The purpose is actually to help goods to trade through Mexico. In order to help develop industries or tax income.
The case for receiving raw materials and processing it along the train tracks is a lot more appealing than just transporting cargo from one side to the other. People seem to underestimate how much cargo the ships transport. You would need 50 trains transporting 100 containers each to match what ONE ship can carry. Don't forget the time to unload and reload all those containers.
Doing the math based on the largest freight trains currently in existence (In Brazil there are freight trains measuring 3,500 meters in length, with around 290 12-meter containers), around 35 freight trains will be needed to carry ten thousand containers.
@@eskapadela I did it in feet and your math is real close. And you need a lot of land right by the wharf to do this container trans shipment. You are better off keeping the containers on the vessel and await passage through the Panama Canal.
recieving raw materials and processing it along the tracks and spitting out finished goods on the other side is the primarly purpose of this corridor despite what many news sites incorrectly assume
@@eskapadela the line would almost certainly be using 5 piece articulated double stack well cars, which hold 20teu each and are 80m long meaning they would only need 11 of those 3500m long trains to move 10,000teu(which is still an obscene amount)
I have worked on container ships for over 30 years and you are way way off on how long it takes to unload and load a ship. The panama canal handles ships up to about 14000 TEUs. I have been on many ships of about 6000 to 6500 TEUs pulling into Los Angeles Yokohama Shanghai and many other ports. In Shanghai we discharge and load back easily 5000 TEUs. We take 24 hours because of the tides but the whole time we have at least 4 cranes on us. Even with another crane no way you get that done in under 18 hours. With a longer ship and more cranes say 12 hours to discharge and load 5000 TEUs. Thats about 36 hours for a 14000 TEU ship, and Shanghai is a fast port. The ports in Mexico are not that fast.
How much cheaper would using that be compared to using the Panama canal? Boats would have to dock at a port, unload all of the cargo, the cargo would then have to be loaded onto trains (and if there's a lot of containers, it would probably take multiple trains), then when the train arrives at the other side all the cargo would have to be unloaded from the train, loaded onto a different ship that's docked at the other port, then continue. That sounds like it would require a whole lot of port workers, rail workers, multiple ships, and i would assume it would take more time as well. Is there an equal amount of cargo going in each direction? If not, one ship would be loaded while the other would have to wait until enough cargo comes or go back under capacity. I'm no expert in shipping logistics, but those are just some thoughts that came to mind about the efficiency of the project.
Seems like the inefficiencies involved in unloading the ships, loading the trains, only to later unload the trains and loading the containers onto different ships will kill the economic viability of this plan.
When water levels were at their lowest, it was not uncommon for a ship to offload 1000 containers in Balboa, send them by rail to Colon, and reload them on the same ship. It's not a perfect solution, but it does have merit.
Why would you want to unload one ship, ship everything by rail, and then load it onto another ship? It makes no sense. To me, you will be at the mercy of the workers in each of these ports. Strikes by port workers are already a constant theme and threat. The Panama Canal is back to, or very close to, a normal amount of ships going through the canal. Plus, in the next few years they will be putting all ready approved engineering ideas into place to avoid any water level issues in the future.
youre right it doesnt make any sense which is why thats not what this corridor is intended to do, unlike what most news sites assume its intended for raw goods to unload on one side, process them as they move across the track, and load finished products on the other side its not a transport corridor, its an assembly line
Yeah this is no enough. Having to remove containers, transport to thr other side, place back on a container is extremely time consuming. Also the 15 hours will definitely be an idea situation, you csn add a good 5 hours. The corridor promises 1.4million containers per year where as thr panama canal does 70 million per year.
the corridor doesnt serve the same purpose as the canal, despite what many news sites assume the corridor is intended to have raw goods unload on one side, process it along the track and load finished goods on the other side its a giant assembly line, not a transport corridor
@@carlosabrego7987 they can certainly reduce a small amount of specific types of cargo going to panama canal but the canal and the interoceanic corridor dont do the same job, its not a replacement for the canal
@@carlosabrego7987 Who told you that the channel has a 30-day wait? No ship waits 30 days, if you talk about those 30 days of waiting, in Mexico it is 4 months of waiting for a ship to unload its cargo and then wait 8 hours for the first container trip to then load on the other ship and pay 5 million for doing all that, because 1 millions does not hear a ship so inform yourself
You got it all wrong. Train route: - need to unload all containers and again to load all containers onto an empty ship on the other side - Panama already has a train route besides de canal - Train capacity is 1/150th of what the Panama Canal can handle without needing 2 ships to hanle loading and unloading of containers twise. Mexico train: - is for the coming and going of merchandise to be produced in the area. - the area will consist of 12 industrial parks. - Companies foreign and domestic will find friendlier terms to set up shop and export the finish products to eigther side of the continent. - What Mexico wants is for companies to invest in the area and not just in the North of Mexico wich exports everything to the U.S.
The problem is that those are the pooresr regions of Mexido. They are not competitive. Also last time I visited coatzacoalcos it was run by the Zetas cartel 😣. I do want the project to suceed I just don’t see how you make engineers from Queretaro or Monterrey or jalisco migrate to those areas
@@sdb2885 no te preocupes también hay ingenieros, y muy buenos, en Veracruz, Michoacán, Guerrero, CDMX, Puebla, Oaxaca, Tabasco, Chiapas, Campeche y Yucatán.
@@sdb2885Ya no hay zetas desde hace años, hay muchos ingenieros talentosos en el sur del pais y precisamente este proyecto busca desarrollar esa zona del pais, obviamente son zonas pobres en comparacion a las del norte del pais pero son muy competitivas por su ubicacion geografica y acceso a recursos naturales, no es muy dificil de razonar.
Costa Rica already does this at a small scale but is currently EXPENDING port and rail capacity along with manufacturing facilities in the middle of the rail system San Jose which is also the capital.
I've lived in Mexico for the past 10 years and have been a regular visitor for more than 20. If I had a peso for every infrastructure plan I've seen proposed only to fade away into oblivion, I'd have about $5 US. I can drive around my state and see the leftover structures and buildings of once grandiose plans for development and transportation, all while avoiding potholes the size of a Subaru. Not that I don't want it to happen, I'd love to see Mexico earn its rightful place in the world economy and the citizens reap the benefits...it's just, I'm not holding my breath and I know a lot of Mexican citizens share my sentiments. The problem is, Mexico has a culture of corruption and bureaucracy that is all but insurmountable. And the government doesn't have the funds for projects like this, it will require private equity and they're not going to throw money after a program that isn't a guarantee...and the only guaranty in Mexico is that there are no guarantees.
Potholes the size of a Subaru. B.S., been all over Mexico, live in Mexico for 47 years, never seen a pothole as big as a Subaru, those projects are people who run out of money, more private not Mexican Government sponsored projects, many investors will flock to those projects its big money including there own people and business, corruption and the cartel are over exaggerated, I would not ask an Anglo or a Chicano about Mexico unless they lived in Mexico for at lease 20-25 years (AS AN ADULT) been all over Mexico and speak Spanish, the I was born in Mexico I was 5 or 10 going to the U.S. grew up in the U.S., want cut it, there's lots of work in Mexico and few Mexicans are crossing the border illegally not even migrating, there coming a day when the U.S. is going to be bagging for migrants legal or SOcalled not to work Not that I don't want it to happen, I'd love to see Mexico earn its rightful place in the world economy and the citizens reap the benefits...it's just, I'm not holding my breath and I know a lot of Mexican citizens share my sentiments. The problem is, Mexico has a culture of corruption and bureaucracy that is all but insurmountable. And the government doesn't have the funds for projects like this, it will require private equity and they're not going to throw money after a program that isn't a guarantee...and the only guaranty in Mexico is that there are no guarantees.
@@geraldarnoult One example, the Maya Train - over budget, not finished, and low ridership. Mexico has a great track record of starting big projects but never finishing them. Where I live in Baja, there's a port that was supposed to be used to haul boats across the peninsula but the only thing that got built was the port and now it's. They've been talking about putting in a train line on the Baja peninsula for the past 20 years but it's never materialized. Besides, they can't even keep the roads in good condition, how are they going to maintain a railroad line. So, tell me more about all these mega projects that are COMPLETED. Talking and planning for a project are one thing, finishing is another and that's what Mexico is not good at.
Given the water requirements in the canal are based on the ship displacement, I wonder if there's scope here for a ship to offload half it's cargo on one side of the Interoceanic Corridor, run through the canal as a lighter ship, the pick the load back up on the other.
A good point. It also makes ship scheduling easier for shipping companies. They can use a single ship for the entire route rather than having one that takes the goods to Mexico and another that takes them from Mexico.
@@Inkling777 Yeah, I wondered about that as well. Does the train increase the size of the sea fleet, since you’ll have ships doing the china to Mexico run, then another fleet doing the Mexico onwards leg. Granted the travel time for the two legs is about the same as through the canal, but the extra docking, and on load/offload adds time so won’t you need a bigger fleet to carry the same amount of freight? Not a logistics expert, so I don’t know, but I wonder how viable it is just as a canal alternative. Offload in Mexico, do some value add manufacturing in country, then on ship to the east coast and it could be a game changer, but for straight transport I don’t know.
Thank you so much for this video but in these uncertain times it is more important than ever to have a solid understanding of how the government are still in charge of our canals and manage your finances, invest wisely and navigate economic downturns. But my primary concern is how to grow my reserve of $240k which has been sitting duck since forever with zero to no gains, sure I'm all in on the long term game, but with my savings are lying waste to inflation and my portfolio losing gains everyday, I need a remedy.
If you need advice, consider speaking with a financial advisor. Don't get me wrong, you can do it on your own, but financial advisors have a lot more knowledge and expertise in this area.
you are completely right, Advisors have information and paths that are not disclosed to the public.. I profited £560k in 2022 under the tutelage of my Fiduciary-counselor. Am I selling? Absolutely not.. I am going to sit back and observe how this all plays out.
it would have major issues with throughput, but also they want to make the route along it a manufacturing hub, so the real plan is not to bypass the canal, its to link up both oceans with a rail network and put major ports on both sides. this way they can take unfinished goods for either side, manufacture the finished good, and ship it out to whichever ocean needs it. the cost in time and money traversing the canal would give this area a competitive advantage since it could ship out goods to either side of the canal. The whole idea of unloading one side and loading up on the other is just a fantasy, shipping companies would much rather sail around south America.
Doing the math based on the largest freight trains currently in existence (In Brazil there are freight trains measuring 3,500 meters in length, with around 290 12-meter containers), around 35 freight trains will be needed to carry ten thousand containers. ---
@@edwxx20001 That part of Mexico is undeveloped. The containers going N-bound on the Panama Canal are all finished goods. The asian exporters already have the finished goods for the NA and Europe markets. The idea that that part of Mexico will become a manufacturing hub is a pipe dream. Salina Cruz is an oil export port, not much else. sorry
@@Redtopper02 that is the point yes, its underdeveloped, so the rail line, the port developments, the industrial parks along the rail are all enticements to pull in forgin investments to develop the area. its the plan, if it works I dont know, but the only part that targeted at the canal is the value of anything manufactured in the corridor would have easy access to either ocean.
So many thing are not accurate in this video. 1. Panama canal have a interoceanic train too 2. Panama have "2 canals", one of those ("New one") have the metrics for mega ships and the old one still take care of mediums and small sides ships. 3. The panama canal do have problem this year with water levels BUT when that happened (historically every 3 or 4 years) only happen for 3 to 4 months due to weather conditions. Today, the Panama Canal is operating at full capacity
4. the main purpose of the interoceanic corridor isnt to move ships from one side to the other, its actually a giant assembly line. raw materials get unloaded on one side, and finished goods go out the other end
every years is the same problem with panama ,,,no water,,,30 days waiting time and 1 million dollars ,,,too slow and too expensive !,, Mexico can do it faster and shipper !
B.S. as likely as in the U.S. for the U.S. drug market. Stop over exaggerating the cartel, the Government and the military is much more stronger then the cartel, stop watching Scarface, Netflix and Narcos movies you think the cartel is state sponsored, is your mafia in the U.S.? no, the same as Mexico Most Mexicans and the thousands of American invading Mexico to live a better economic life never come in contact with the cartel that's why you dont seek that life, you getting that B.S. from the U.S. media and U.S. $$$ Click video's
Would it be possible to make a Railway to transport the ships overland? From the pacific ocean to the Atlantic Ocean? Could that even be possible? Instead of unloading the ships, transport them by railway? Just thinking out of the box.
4:45 ish It takes somewhere around 1 - 3 days to fully unload or load a container ship so just that adds up to 6 days to the shipping time, plus the associated costs. Similarly loading and unloading multiple trains will take days. Railway capacity will be a problem - the single track in the video would be unviable. Then there is the need to have two ships and crews on one route (e.g. 1: Shanghai-Mexico, then 2: Mexico-NY). Given the different route lengths to match capacity you would likely need several route 1: ships to fewer route 2 ships. My conclusion - the build cost looks iffy (in the Chinese funded Nairobi-Mombasa rail link of 300 miles is slated to cost a mere $5 billion - but China provides everything at Chinese prices). I'd at least double the estimate to $15 billion (and I hope I am wrong). For some shippers, it may be a valuable alternative, provided that costs can be kept low.
Its not a viable solution, no shipping company would want to load and unload containers just for one day delay.. there isn’t big traffic crossing from Atlantic to Pacific.. US already have railroad from Atlantic cost to Pacific .
Panama could do just this. It would have to build pipelines with pumps to pump the water from the locks back uphill. Plus it would require a lot of electricity for the pumps. It is simpler to just raise transit tolls during dry periods. Panama knows it has a near monopoly.
@@TruthTeller8888it’s not just to transit. There’s industrial parks being build along the route. The idea is for raw resources to flow in, get manufacturer and then exported out. Panama does not have the resources to manufacture at the capacity that Mexico does.
sounds like a BAD idea in every way. Time at sea is NOT a factor of $ nearly as much as you think. Cartel and other forms of organized crime is going to RAVAGE this perfect way to smuggle drugs and other illegal things like human trafficking.
Interesting. I hadn't heard of this effort. Good luck to Mexico in getting this to fruition. Has anyone heard anything about a proposed canal through Nicaragua?
Happy to see our brothers and sisters to the south expanding in industry and economy. I hope they can eventually get corruption/cartel dominance under control and the people can live more fruitful lives
Looks like they use a lake as a buffer since the two ocean water levels aren't the same. This is the first time I'm learning they use a lake as a buffer to the locks
Taking this question in good faith, the reason is this: They can't use the oceans water as it would be unimaginably expensive to spend energy to lift it up and down to carry the ships through the canal, instead they use nearby lakes as buffer, using that fresh water as the material that ups and downs the ships, said water only to be unloaded onto the ocean each time a trip is made. When they say water is at an all time low, they meant the water level of the lakes. No lake, no fresh water. No fresh water, no Panama Canal. Actually Climate Change is really messing up the economy of Panama, which is basically nothing without the Canal, right now theres a lot of social unrest because the government is being made to take tough choices, fresh water for the canal, or for the populace. This drought is only worsening.
I wonder how much it would cost to get enough power in the canal zone to pump water back up hill? In some ways that's an ideal power dump because up to a point, you can just run it any time you can get cheap enough power and get benefits. You don't need to time it to when ships are in the locks or anything.
Panama already had a railway parallel to their canal. What's stopping them from improving container throughput that way? I imagine that the worse these kinds of droughts are, the more motivation there is to improve utilization of that railway.
People dont understand that the prices of things are never going back down. This inflation is deeper than we think. Those buying groceries are well aware that the real inflation is much over 10%. The increments dont match our income, yet certain investors still earn over $365,000 in stocks and assets. Wish I could accomplish that.
Most new tra'ders make the mistake of tra✓ding in their own without having the required skills to help them benefit from the mar>ket. I was once like that but all changed thanks to Brian Nelson
No mention at all, about the added costs/time of Unloading, rail transport, Reloading another ship. This is a lot of added cost & time. Prolly just better to sail round the Horn.
U.S. importers are pulling in goods early as possible port strike draws closer: on.wsj.com/3XPOtHB
who asked???
@@BeardedDragonMan1997 Traders.
@@johnnycajon4858 Can't argue. 🙃
Strike? Again? We need to quit bowing down to them and open up the work to others. Spoiled babies think they have the toughest job in the world when in fact they work as little as possible
I say i'm from Argentina
It doesn’t need to replace the Panama Canal, it just needs to be another option which is fantastic for global trade. I sure hope Mexico can secure investment to complete this sooner rather than later.
Exactly, if it is smaller/lighter goods (not needing a cargo ship) where time is more important could be very good.
It's like thinking building another road will just replace a parallel road. It will just reduce traffic.
It doesn't make sense for freight. A neopanamax freighter can hold over 16000 TEU. Some quick napkin math says a train would need to be impossibly long just to move 1 freight worth of goods.
@@ZantharEos I too have a phd in napkin math...this is a nightmare of reloading and reloading...you need a super highway of railways of up to 6 rails in one direction.
Exactly! any alternate ways to transfer good means better prices for the consumers
7.5Billion sounds like an IMMENSE underestimation of what something like this would cost.
It was a $5B canal just half a year ago 😂 one a single port is like $3.5B if you buy it from China (which you shouldn't). The goal seems to end half-finished out-of-budget, forcing Mexico to go into crippling debt or sell the project and land and transport rights to China.
@@mipmipmipmipmip-v5x I understand that with inflation and cost overruns it will cost around $26Billion.
7.5 billion in mexico would be better spent than if anyone else besides china was contracted to build this project
thats for sure! 😂
Well, you know, they saved a lot of money not having to pay for a certain wall that was never built.... 😉
Everything is cheaper in Mexico
What the Mexicans have said is that the railway isn't intended to replace the Canal. It's to be an augment to the Canal
Similar to Thailand's proposal, which aims to position itself as an alternative to another large shipping port in Singapore, Mexico shares a comparable vision. I wonder how far Mexico can go with this idea because in developing countries like Mexico and Thailand, large-scale projects often stall due to prolonged internal disputes, corruption, or a lack of follow-through, resulting in incomplete or unusable outcomes. Despite having numerous innovative ideas, these countries often struggle to translate them into tangible results. Thailand, for instance, has been discussing this concept for nearly a century already.
@@ETN-k2l this should go fast becuase the same political party is in place for the next 6 years and they plan to cotinue the project
Mexico and Thailand are not the same. Mexico is no longer a “developing country” it just has a lot of poverty. Thailand IS a developing country and has the economy size nowhere near Mexico does.
Make TACOs Great Again 🌮🌯
@@ETN-k2l It won't be much longer. - You Don't Mess With Zohan movie
15hrs to fully unload a container ship, load a train, travel an 8-10hr train route, unload the rain, and load up another ship seems very optimistic.
100-200 containers per train. Ship holds 6000. Who is smoking what?
I'm sure the experts have considered this and have it covered in their plans.
Plus you need 2 ships instead of 1
@@zepm7184 and 2 major ports on both sides of a very crowded rail corridor.
Doubt this really is feasible. Plus the Panama Canal Authority is planning on damming another river to provide additional water to Gatun Lake, the source of water for the Canal locks. So this recent drought crisis won't repeat in the future. Panama Canal is still the premier method to move cargo from US East Coast and Gulf of Mexico to the Far East. The new locks can handle larger container vessels so Mexico rail is really not needed.
More power to Mexico, you go guys, best wishes. When our neighbors improve, our neighborhood improves. Mexico is one of our main trade partners and producers, so everything works out in the long term.
Mexico needs to convince investors that cartels won’t control all that infrastructure.
The entire line and industrial parks are protected by the marines
🤦♂️ it’s all a system, cartels don’t mess with federal projects because than the military takes them out, the only reason the military doesn’t is because generals get paid millions to not intervine but that works both ways . This is why Pemex the largest contributor to the Mexican economy not messed with cuz they know. Cartels business is trafficking everything else they don’t mess with
@@hoosiernative9668 you have no idea how cartels/organized crime works.
@@hoosiernative9668 cartels steal large ammounts of oil from pemex .. what are you talking about
@@hoosiernative9668 literally they would colaborate if anything. Do you think they just obeey the laaw
What you guys dont get is that there will be factories along the way. You could potentially receive raw goods at one point and end up with manufactured goods kn the other.
I was going to type so, the goal is not to create a corridor only but a manufacture zone, there will be 10 new industrial poles. As the mexican president told to the US president, if we want China to stop sending stuff to our countries. USA, Canada and Mexico need to work as one single block.
That's actually a super cool idea. Giant assembly line on rail haha
coka-in coka-out
Yeah and disrupt the whole ecosystem just cause dolla dolla bills y’all people are sick of it be more imaginative.
That's how singapore works. We have huge refineries, even tho we have no oil fields😂
They're making a good argument for diversification and also industrialisation of the area concerned. A 3-5% GDP boost would definitely make this a worthwhile investment.
This is how the border gets fixed!!
@@mlblja The US looks the other way to illegals because US industries profit greatly from them. The Republicans make believe this is a problem but also can't fix it, industry demands it continue. If the border gets "fixed" the industries will pass the increased cost of legal workers onto the consumers, prices of food products will go up even more. Mexico will eventually get their act together and the flow of illegals will slow, and food manufacturers will have to hire US workers and pass the cost on to the rest of the country, but not today, or in the next decade.
@@cadenrolland5250Most of the illegals are from Central and South America, not all that speaks Spanish is Mexico
7.5 Billion $ is nothing. Germany has been spending what is now estimated at over 10 Billion €, and years to build a single train station in Stuttgart 21
$7.5 billion might be enough to build a single port for the railway freight line.
The infrastructure is already there, only need maintenance and some parts be replaced, so they not gonna start from 0
it's crazy to compare buddy, 7.5b last more in mexicos soil, ofc in Germany and USA would be more expensive,
7.5bn is the initial amount, if mexico builds it it will end up at like 30 billion
The government of Mexico has stated multiple times that the goal of the Interoceanic Corridor is not to compete against Panama, but to create an alternative. And beyond being a substitute only in shipping, it looks to become a sort of "industrial route" where perhaps shipments enter the region as parts or primary goods and leave the other end as final consumer products for the US and Europe. So competition is not even in the original conception, I think it's spot on to call it co-opetition
so glad to see mexico is making huge improvements and advancing as a developing nation. i wish nothing nothing more than a prosperous future for this country and its people🙏
No. It's going through indigenous land. Shut it down!
All of mexico is indigenous land 😂@@marcv2648
México land , and México is a great nation
No they aren’t. They can’t even build a much needed major airport. United States has like 25 major airports, Mexico tried to build ONE five years ago and gave up half way through
@@Zach-ls1if
Drug cartel is going to go further to other countries stay tuned...smh
Other countries could set up factories in that corridor and ship their products from either coast. Well played Mexico, well played 👏
They are creating “industrial parks” to meet this need. Yup it’s all been figured out already by AMLO. Hence the new airport will be accommodated this new area as well. Mexico got new leadership, new party MORENA is making some real changes it’s not by coincidence.
For the first time in centuries we had a president who cared about the people more than about his pockets and the results are visible ❤🇲🇽
@@matiasdonatti3746 Mexico isn’t South East Asia. They will make a mess of anything you build there.
@@matiasdonatti3746that's fantasy
@@matiasdonatti3746Mexican wumao 1 peso
Many don’t know that 4th biggest user on the planet of the Panama Canal is actually México itself… and when this corridor is completed in 2025 they will no longer use it because they can use their own infrastructure… so right of the bat, little by little the Panama Canal will lose one its biggest customers and this in turn will become a competitor.
They are 7th with 8.71 million long tons and only represent ~3.5% of total tonnage. For comparison USA is 150 million long tons. Source: statistia-Cargo-Volume-Panama-Canal-Country-of-Origin
@@deadspeedv you tell him dude!
Good one!
You got him!
@@deadspeedv Only? 🤣😂. Any country in the top 10 that uses the Panama Canal, Panama does not want to lose as a customer. And they will lose a big one in Mexico !
Slava TACOs 🌮 Heroyam Burritos 🌯
We do have other interoceanic capacities within Mexico like the baluarte bridge. I can only think of Cemex as a company which would greatly benefit from it since they are already based on the port of Salina Cruz.
Mexico is not trying to disrupt Panama! In a drought, Panama chose to provide water to its people instead of profiting from cargo ships
The drought is over and the canal is back to normal capacity by now. However, the droughts are expected to worsen and become more common in the future. Panama has to build a new reservoir using the Rio Indio west of the current Gatún Lake.
I think the Canal Authority should also build fresh water holding tanks and use pumps, to alleviate water usage.
Correction, as of the release of this video, the train now connects with the Maya Train, Line FA has now been opened to the public
The Maya Line isn't designed for heavy traffic.
Tren Maya is for light rail traffic and it's for the tourism industry. Plus, it's not dependable nor is it loved by the people.
el tren maya fue un fracaso lo unico que lograron fue destruir mas el bosque , cabeza de algodon tieen ealgodon en lugar de cerebro
They will convert Maya train to heavy loads, but the main concern it's the geology in some areas over time there will be stress in the infrastructure underneath
@@everardocaballero1 Railroads are designed for light or heavy use from the start of project. Not converted from light to heavy. Clearly you do not denote engineering knowledge.
yesssss, mexico has been making a lot of infrastructure improvements recently we love to see it
The cartels are happy as well
@@itwasntme947 as economy grows cartels might grow weaker. many men wouldn't risk lives when they have something to lose
How is the new Mexico City airport coming along?
Infrastructure projects with negative financial and social returns. A refinery, a train in the jungle for tourist, an improvement on a military airport than solves nothing regarding the old Mexico City airport, an airline, a salt company. Public money to negative return projects.
@@itwasntme947 That is right, the cartels. Imagine how happy the U.S. population of addicts must be.
I've been really liking this WSJ series on huge infrastructure and development projects. Keep up the great work!
I feel like the idea is to simply alleviate *some* demand on the Panama Canal rather than a replacement for it. It will just lead to decongestion in Panama and probably force them to lower some costs as well since they'll have competition.
Exactly,,, 30 days is the waiting time for a big ship to cross the panama canal plus the 1 million dollars they are forced to pay !!
Its 15 hours to unload, train ride then reload after the three week wait for both ships to wait for their turn in port.
One thing I respect about Mexico is their ability to build a railway. They have also shown remarkable enthusiasm for the projects.
the mayan train is a complete failure , why making a train that has to destroy so much forest , only for 300000 people has used that train .... a complete mess ... is sad ...
@@rioluna6058 8f the right wing would have taken over this project I bet your arguments would be the opposite. A clear example is the failed airport in Texcoco. People like you defended that aberration of a project even though there's a clear impact in the immediate ecological aspect and to the city of mexico and its near by residents with water shortages.
We love trains!
Keep crying. The 4T goes.@@rioluna6058
@@roger9685 the right wing? Viejo no soy de México solo digo que no me parece que sea una buena inversión y si tras de todo cuentas con que se tallaron millones de árboles y se corto en dos una jungla bueno obvio. Lo veo Malosimo. Soy de Costa Rica obvio que si veo que un proyecto tras de que monetaria ente nunca va a ser rentable y se boto demasiados árboles me voy a sentir mal. En un mundo donde el cambio climático nos va afectar muchísimo proyectos como esto no son buenos. Y aparte creo que el tiene un dogma terrible sos vos... Supuestamente diciendo que yo soy de derecha pero el único acá que tiene una clara inclinación política sos vos... En fin quien entiende... Bueno que tengas un buen día lo digo honestamente pero si tienes que analizar un poco más las cosas creer que todo lo que venga de izquierda o de derecha es exclusivamente bueno o malo es una manera increíblemente simplista de ver las cosas.
It’s not a disruption to the canal. It’s an alternative and can lessen the bottlekneck at the Panama canal. Remember when that ship was stuck and the world experienced supply chains breaking ?
That was Suez canal.
Panama canal is a set of locks
It's the American mentality. They see the world as a zero gain sum. In Latin America we understand that the best a country does, the best I also do. So a rich Mexico, a rich Panama is in everyone best interest.
You're clueless🤦
That was in the red sea fam
It is a huge infrastructure investment, it's good to have options, good for Mexico! thumbs up! tres Amigos policy!
I just talked to someone in Panama today. This is the first News in years I've heard about Panama.
Big Brother is watching...
I visited the area when I was a teen. Beautiful area, I hope they don't destroy it.
Unloading and reloading take only 15 hours?? Seriously doubt that
Moreover, port and train labor will be factors of uncertainty
Never forget about the Chinese workers in this equation!
Mexican workers and you're worried about labor?
Its Mexico not the USA.
Yeah, due to all the cranes involved in loading and unloading these gigantic ships there is a physical limit to how fast ships can be loaded & unloaded, even if the labor is the most efficient in the world.
@@selwrynn6702no they will unload the cargo and reloaded to a different ship. Remember there is a lot of cargo ships and large companies operate them at a large scale.
Bold move, Mexico 🇲🇽 Can't wait to see the outcome!
more border crossers
New way for the cartel to make money by ransom
@@mikemiller659 You mean from the US to Mexico? Because the net Migration from Mexico to the US is negative 🤡
Sinaloan y Jalisco Cartel : Por favor amigos, Hold Our TEQUILAs 🥃
@@mikemiller659did your ancestors use the canal when they immigrated to the Americas?
Mexico is already transporting goods thru their ingenious hybrid canal route as we speak and many external companies are bustling to get included in this route.
Blessings to the people of Mexico 🇲🇽 🙏. 😊
Do it Mexico!
Looks like a very good promising financial deal for Mexico; maybe expand the one port to its capacity then set up 2, 3 or even 4 more ports along the coast to match the demand with one main rail crossing the land.
Mexico is a narco state and you are talking about promising financial deals? this is a pipeline for corruption and graft. Mexico is incapable of open, clean profitable development. but yes, millions could be made by opportunists.
The large chest lady helps with that
Teddy Roosevelt would be rolling in his grave if Mexico could outperform and beat Panama Canal
I'm unaware of this back story. Can you please explain
@@badbad-cat TR is responsible for the construction of the Panama Canal. He played a part in Panama’s independence from Columbia and then the US owned the canal after having built it since the previous attempt by the French turned out to be a terrible failure (disease and such). TR even visited the canal while it was under construction while he was president, the first time a US President had left the country while in office I believe. This is what I can recall from the Ken Burns documentary on the Roosevelts.
@@DisposableSupervillainHenchman thanks a lot
Panama is not US property
@@diegoflores9237the canal was when the canal was built but the US handed it back to Panama
This was far more interesting and impactful than I expected
Its such a good time to be an investor and builder in Mexico right now.
not at all, all projects are managed and constructed by the mexican army.
@@ancestors The Mexican army built the Tesla Plant? The Chinese Car factories?
Amazon?
Will look this up, but I doubt it.
Same with the rail and engineering projects.
@@MickeyMishra i believe the rail lines are managed by the Mexican military for national security.
Congratulations for your excellent video about the interoceanic corridor and its rivalry to the Panamal Canal.
Before the Panama Canal was created there actually was a railway in Panama that did the same thing but was replaced when the canal was completed
Also in mexico
Wrong, the railway is still working in Panama
@@Personaje123 I meant in the way it was a center for trade which has become the canal
En oanama existe ese ferrocarril aun
What happened to the railway?
Go Mexico!
Good project if realized
Good luck from Algeria to Mexico
So… unload cargo; take it by rail 188 miles; then load it back up?
Seems like money also?
that isnt actually the main goal of this corridor, the main goal is to unload raw goods on one side, manufacture it into finished products along the way and then load finished goods on the other side
its a giant assembly line
@@vincentgrinn2665 - Or, with properly outfitted ships, they could go around Cape Horn, and use the extra time to process the raw goods onboard...🤣
@@samuelluria4744 yeah thats a terrible idea, you cant just fit the processing equipment for most goods on a ship, and even if you tried it wouldnt be worth it
@vincentgrinn2665 - Yeah, cuz I was not joking...
@vincentgrinn2665 - Make a list of "most goods".
So prices have increased 8x, but in how long? In one year? Since it first opened?
I feel we need countries like Mexico bringing alternatives to Panama canal , as an entrepreneur i would will invest on to the development project of Mexico and get a good discount for my products to go through it as it consumes bit more time than Panama cannel . I don't feel few hours of time consumed in Mexico will not effect the supply chain as much as possible there is developed countries on the other side to receive the product
This is great. Glad to see Mexico making these kinds of move. The big issue with this ofc is going to be security though. It NEEDS to be watched closely and secured.
Todo estará asegurado por la marina y la Sedena
??? Government let's those groups operate. For example you don't see convoys in Mexico city because the government doesn't allow it there.
Unloading ship cargo onto a train and back onto another ship sounds like a logistical nightmare.
Yeah i wonder why not just unload at a US West coast port then
Perfect opportunity for Cartels to tamper with shipments.
@@aarjithnandakumarCause the US so big
@@aarjithnandakumara lot of it does but where there is money to be had other nations, like Mexico, will want in on some of it.
@@exxx247 Nah, you watch way too many movies 😆
Has a conveyer belt system been considered along with the railway system?
Is the railway standard guage or wi.l it be wider guage?😊😊
My main issue is that this project seems WAY bigger than 7.5 billion
It’s not for ships to pass.
So it’s a different purpose.
The purpose is actually to help goods to trade through Mexico. In order to help develop industries or tax income.
The case for receiving raw materials and processing it along the train tracks is a lot more appealing than just transporting cargo from one side to the other. People seem to underestimate how much cargo the ships transport. You would need 50 trains transporting 100 containers each to match what ONE ship can carry. Don't forget the time to unload and reload all those containers.
Doing the math based on the largest freight trains currently in existence (In Brazil there are freight trains measuring 3,500 meters in length, with around 290 12-meter containers), around 35 freight trains will be needed to carry ten thousand containers.
@@eskapadela I did it in feet and your math is real close. And you need a lot of land right by the wharf to do this container trans shipment. You are better off keeping the containers on the vessel and await passage through the Panama Canal.
recieving raw materials and processing it along the tracks and spitting out finished goods on the other side is the primarly purpose of this corridor
despite what many news sites incorrectly assume
@@eskapadela the line would almost certainly be using 5 piece articulated double stack well cars, which hold 20teu each and are 80m long
meaning they would only need 11 of those 3500m long trains to move 10,000teu(which is still an obscene amount)
30 days is the waiting time to cross the panama canal and 1 million dollars the price
I have worked on container ships for over 30 years and you are way way off
on how long it takes to unload and load a ship. The panama canal handles ships
up to about 14000 TEUs. I have been on many ships of about 6000 to 6500 TEUs
pulling into Los Angeles Yokohama Shanghai and many other ports. In Shanghai
we discharge and load back easily 5000 TEUs. We take 24 hours because of the
tides but the whole time we have at least 4 cranes on us. Even with another crane
no way you get that done in under 18 hours. With a longer ship and more cranes
say 12 hours to discharge and load 5000 TEUs. Thats about 36 hours for a 14000
TEU ship, and Shanghai is a fast port. The ports in Mexico are not that fast.
How much cheaper would using that be compared to using the Panama canal? Boats would have to dock at a port, unload all of the cargo, the cargo would then have to be loaded onto trains (and if there's a lot of containers, it would probably take multiple trains), then when the train arrives at the other side all the cargo would have to be unloaded from the train, loaded onto a different ship that's docked at the other port, then continue. That sounds like it would require a whole lot of port workers, rail workers, multiple ships, and i would assume it would take more time as well. Is there an equal amount of cargo going in each direction? If not, one ship would be loaded while the other would have to wait until enough cargo comes or go back under capacity. I'm no expert in shipping logistics, but those are just some thoughts that came to mind about the efficiency of the project.
They probably need to figure out how to cross the entire ship with the containers across 200 miles 😂. Good info, though.
What about the possibility to incorporate a subterranean shipping line (i.e. Boring Company & Hyperloop)?
Build ski jumps on each side of the country. Should be fine if the ships can get a decent run up.
Seems like the inefficiencies involved in unloading the ships, loading the trains, only to later unload the trains and loading the containers onto different ships will kill the economic viability of this plan.
feel free to go to La Patagonia
When water levels were at their lowest, it was not uncommon for a ship to offload 1000 containers in Balboa, send them by rail to Colon, and reload them on the same ship. It's not a perfect solution, but it does have merit.
WSJ, Panama already has an intereocianic railway operated by Panama Canal Railway Company.
True and has been expanded over the past decade. Still a blimp on the overall container trade.
And?
0:29 what happened to "rising sea levels due to melting glaciers"?
Does any one mention that you have to have one ship on each side of the corridor? IE two ships of the same size where the canal transits one ship.
Why would you want to unload one ship, ship everything by rail, and then load it onto another ship? It makes no sense. To me, you will be at the mercy of the workers in each of these ports. Strikes by port workers are already a constant theme and threat. The Panama Canal is back to, or very close to, a normal amount of ships going through the canal. Plus, in the next few years they will be putting all ready approved engineering ideas into place to avoid any water level issues in the future.
NO LE ENTENDISTE
pay half the people to dig holes, and the other half to fill them in.
LA MARINA DE MEXICO ESTARA A CARGO DE LA SEGURIDAD Y EL GOBIERNO FEDERAL SERA EL ENCARGADO DE LA LOGISTICA INCLUSO CON ACESORIA INTERNACIONAL 🫡
More power to the workers of the third world, bringing the American empire to its knees.
youre right it doesnt make any sense
which is why thats not what this corridor is intended to do, unlike what most news sites assume
its intended for raw goods to unload on one side, process them as they move across the track, and load finished products on the other side
its not a transport corridor, its an assembly line
Hit 200k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started with 14k in last month 2024
Scam chain incoming
Yeah this is no enough. Having to remove containers, transport to thr other side, place back on a container is extremely time consuming. Also the 15 hours will definitely be an idea situation, you csn add a good 5 hours.
The corridor promises 1.4million containers per year where as thr panama canal does 70 million per year.
The Panama Canal moves more than 300 million containers annually
the corridor doesnt serve the same purpose as the canal, despite what many news sites assume
the corridor is intended to have raw goods unload on one side, process it along the track and load finished goods on the other side
its a giant assembly line, not a transport corridor
30 days is the waiting time to cross the canal panama and 1 million dollars ,,Mexico can do it faster and shipper !
@@carlosabrego7987 they can certainly reduce a small amount of specific types of cargo going to panama canal
but the canal and the interoceanic corridor dont do the same job, its not a replacement for the canal
@@carlosabrego7987
Who told you that the channel has a 30-day wait? No ship waits 30 days, if you talk about those 30 days of waiting, in Mexico it is 4 months of waiting for a ship to unload its cargo and then wait 8 hours for the first container trip to then load on the other ship and pay 5 million for doing all that, because 1 millions does not hear a ship so inform yourself
How many of those containers will be broken into?
I doubt many at all, the military and cartels would probably make sure no petty criminals interfered with the containers
There's a large semiconductor manufacturing facility, including multiple chip fabs and packaging fabs sitting idle in Hopewell Junction, NY.
"Mexico has a lot of work to do...". Well, there are a lot of Mexicans working on it. Which means it will get done on time and on budget.
And controlled by Mexican cartels
China is probably funding it! Mexico won't own nothing.
What are you waiting on Mexico 🇲🇽
You got it all wrong.
Train route:
- need to unload all containers and again to load all containers onto an empty ship on the other side
- Panama already has a train route besides de canal
- Train capacity is 1/150th of what the Panama Canal can handle without needing 2 ships to hanle loading and unloading of containers twise.
Mexico train:
- is for the coming and going of merchandise to be produced in the area.
- the area will consist of 12 industrial parks.
- Companies foreign and domestic will find friendlier terms to set up shop and export the finish products to eigther side of the continent.
- What Mexico wants is for companies to invest in the area and not just in the North of Mexico wich exports everything to the U.S.
The problem is that those are the pooresr regions of Mexido. They are not competitive. Also last time I visited coatzacoalcos it was run by the Zetas cartel 😣.
I do want the project to suceed I just don’t see how you make engineers from Queretaro or Monterrey or jalisco migrate to those areas
@@sdb2885 no te preocupes también hay ingenieros, y muy buenos, en Veracruz, Michoacán, Guerrero, CDMX, Puebla, Oaxaca, Tabasco, Chiapas, Campeche y Yucatán.
@@sdb2885Ya no hay zetas desde hace años, hay muchos ingenieros talentosos en el sur del pais y precisamente este proyecto busca desarrollar esa zona del pais, obviamente son zonas pobres en comparacion a las del norte del pais pero son muy competitivas por su ubicacion geografica y acceso a recursos naturales, no es muy dificil de razonar.
Even if it's not faster or cheaper but it allows a higher volume to be able to move through
Costa Rica already does this at a small scale but is currently EXPENDING port and rail capacity along with manufacturing facilities in the middle of the rail system San Jose which is also the capital.
I love how they talk about displaced indigenous people displaced 😂 oh WSJ you never disappoint
I've lived in Mexico for the past 10 years and have been a regular visitor for more than 20. If I had a peso for every infrastructure plan I've seen proposed only to fade away into oblivion, I'd have about $5 US. I can drive around my state and see the leftover structures and buildings of once grandiose plans for development and transportation, all while avoiding potholes the size of a Subaru.
Not that I don't want it to happen, I'd love to see Mexico earn its rightful place in the world economy and the citizens reap the benefits...it's just, I'm not holding my breath and I know a lot of Mexican citizens share my sentiments.
The problem is, Mexico has a culture of corruption and bureaucracy that is all but insurmountable. And the government doesn't have the funds for projects like this, it will require private equity and they're not going to throw money after a program that isn't a guarantee...and the only guaranty in Mexico is that there are no guarantees.
really, then why are there Miga projects all over Mexico being completed in Mexico?
Potholes the size of a Subaru. B.S., been all over Mexico, live in Mexico for 47 years, never seen a pothole as big as a Subaru, those projects are people who run out of money, more private not Mexican Government sponsored projects, many investors will flock to those projects its big money including there own people and business, corruption and the cartel are over exaggerated, I would not ask an Anglo or a Chicano about Mexico unless they lived in Mexico for at lease 20-25 years (AS AN ADULT) been all over Mexico and speak Spanish, the I was born in Mexico I was 5 or 10 going to the U.S. grew up in the U.S., want cut it, there's lots of work in Mexico and few Mexicans are crossing the border illegally not even migrating, there coming a day when the U.S. is going to be bagging for migrants legal or SOcalled not to work
Not that I don't want it to happen, I'd love to see Mexico earn its rightful place in the world economy and the citizens reap the benefits...it's just, I'm not holding my breath and I know a lot of Mexican citizens share my sentiments.
The problem is, Mexico has a culture of corruption and bureaucracy that is all but insurmountable. And the government doesn't have the funds for projects like this, it will require private equity and they're not going to throw money after a program that isn't a guarantee...and the only guaranty in Mexico is that there are no guarantees.
@@geraldarnoult
One example, the Maya Train - over budget, not finished, and low ridership. Mexico has a great track record of starting big projects but never finishing them.
Where I live in Baja, there's a port that was supposed to be used to haul boats across the peninsula but the only thing that got built was the port and now it's.
They've been talking about putting in a train line on the Baja peninsula for the past 20 years but it's never materialized. Besides, they can't even keep the roads in good condition, how are they going to maintain a railroad line.
So, tell me more about all these mega projects that are COMPLETED. Talking and planning for a project are one thing, finishing is another and that's what Mexico is not good at.
@@bongcrosby5598 Whrer did you get your info, from tiktok hahaha
Given the water requirements in the canal are based on the ship displacement, I wonder if there's scope here for a ship to offload half it's cargo on one side of the Interoceanic Corridor, run through the canal as a lighter ship, the pick the load back up on the other.
A good point. It also makes ship scheduling easier for shipping companies. They can use a single ship for the entire route rather than having one that takes the goods to Mexico and another that takes them from Mexico.
@@Inkling777 Yeah, I wondered about that as well. Does the train increase the size of the sea fleet, since you’ll have ships doing the china to Mexico run, then another fleet doing the Mexico onwards leg. Granted the travel time for the two legs is about the same as through the canal, but the extra docking, and on load/offload adds time so won’t you need a bigger fleet to carry the same amount of freight? Not a logistics expert, so I don’t know, but I wonder how viable it is just as a canal alternative. Offload in Mexico, do some value add manufacturing in country, then on ship to the east coast and it could be a game changer, but for straight transport I don’t know.
what does that do to the port of veracruz?
El corredor no va a desplazar el canal,si no va hacer una opción mas para el traslado de mercancías.
Thank you so much for this video but in these uncertain times it is more important than ever to have a solid understanding of how the government are still in charge of our canals and manage your finances, invest wisely and navigate economic downturns. But my primary concern is how to grow my reserve of $240k which has been sitting duck since forever with zero to no gains, sure I'm all in on the long term game, but with my savings are lying waste to inflation and my portfolio losing gains everyday, I need a remedy.
If you need advice, consider speaking with a financial advisor. Don't get me wrong, you can do it on your own, but financial advisors have a lot more knowledge and expertise in this area.
That's impressive! I could really use the expertise of this manager for my dwindling portfolio. Who’s the professional guiding you?
you are completely right, Advisors have information and paths that are not disclosed to the public.. I profited £560k in 2022 under the tutelage of my Fiduciary-counselor. Am I selling? Absolutely not.. I am going to sit back and observe how this all plays out.
Her name is “Selena-Nicole cefaloni can't divulge much. Most likely, the internet should have her basic info, you can research if you like
I have googled her and she has impressive credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
So 10k containers would require 5,000 train cars. For a single ship.
I'm sure the experts have considered this and have it covered in their plans.
it would have major issues with throughput, but also they want to make the route along it a manufacturing hub, so the real plan is not to bypass the canal, its to link up both oceans with a rail network and put major ports on both sides. this way they can take unfinished goods for either side, manufacture the finished good, and ship it out to whichever ocean needs it. the cost in time and money traversing the canal would give this area a competitive advantage since it could ship out goods to either side of the canal. The whole idea of unloading one side and loading up on the other is just a fantasy, shipping companies would much rather sail around south America.
Doing the math based on the largest freight trains currently in existence (In Brazil there are freight trains measuring 3,500 meters in length, with around 290 12-meter containers), around 35 freight trains will be needed to carry ten thousand containers.
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@@edwxx20001 That part of Mexico is undeveloped. The containers going N-bound on the Panama Canal are all finished goods. The asian exporters already have the finished goods for the NA and Europe markets. The idea that that part of Mexico will become a manufacturing hub is a pipe dream. Salina Cruz is an oil export port, not much else. sorry
@@Redtopper02 that is the point yes, its underdeveloped, so the rail line, the port developments, the industrial parks along the rail are all enticements to pull in forgin investments to develop the area. its the plan, if it works I dont know, but the only part that targeted at the canal is the value of anything manufactured in the corridor would have easy access to either ocean.
The Wall Street Journal covers very relevant topics.
Is it not possible to lift the complete ship on to a massive undercarriage on to tracks pulled by a massive locomotive?
Good luck México.
I hope you can make it happen.
Ya esta funcionando!!!🎉
More power to Mexico 👍
So many thing are not accurate in this video.
1. Panama canal have a interoceanic train too
2. Panama have "2 canals", one of those ("New one") have the metrics for mega ships and the old one still take care of mediums and small sides ships.
3. The panama canal do have problem this year with water levels BUT when that happened (historically every 3 or 4 years) only happen for 3 to 4 months due to weather conditions. Today, the Panama Canal is operating at full capacity
4. the main purpose of the interoceanic corridor isnt to move ships from one side to the other, its actually a giant assembly line. raw materials get unloaded on one side, and finished goods go out the other end
every years is the same problem with panama ,,,no water,,,30 days waiting time and 1 million dollars ,,,too slow and too expensive !,, Mexico can do it faster and shipper !
I'm sure the cartels will be adding to the cargo.
Sad child. You have no idea how things work.
B.S. as likely as in the U.S. for the U.S. drug market. Stop over exaggerating the cartel, the Government and the military is much more stronger then the cartel, stop watching Scarface, Netflix and Narcos movies you think the cartel is state sponsored, is your mafia in the U.S.? no, the same as Mexico Most Mexicans and the thousands of American invading Mexico to live a better economic life never come in contact with the cartel that's why you dont seek that life, you getting that B.S. from the U.S. media and U.S. $$$ Click video's
Would it be possible to make a Railway to transport the ships overland? From the pacific ocean to the Atlantic Ocean? Could that even be possible? Instead of unloading the ships, transport them by railway? Just thinking out of the box.
WSJ videos are the best. I could watch an entire channel of these kind of videos.
Good, build more great mega projects!
with how much loss happens on rail in the US, one wonders about how they propose managing that risk
Its been guarded by the national guard 24/7. They know how important it is there not going to invest just so it can be high jacked
@@Sam-gs7yb dude you dont really know how the national guard works here in mexico, right?
As a mexican I can say that Mexico is expert in strategic blunders, so the most logical answer is that the gamble will fail.
I hate to agree
no puedo esperara a las noticias de cuando los carteles asalten un tren y se roben todas las cosas
You mean, the Puppets who "blunder."
Blunder on purpose.
Let that shyt sink in.
Saldrá bien! 🤲
Will the cartel take control of it?
Sounds really promising
Hope the government does it right, and it could make shipping better.
4:45 ish It takes somewhere around 1 - 3 days to fully unload or load a container ship so just that adds up to 6 days to the shipping time, plus the associated costs. Similarly loading and unloading multiple trains will take days. Railway capacity will be a problem - the single track in the video would be unviable. Then there is the need to have two ships and crews on one route (e.g. 1: Shanghai-Mexico, then 2: Mexico-NY). Given the different route lengths to match capacity you would likely need several route 1: ships to fewer route 2 ships.
My conclusion - the build cost looks iffy (in the Chinese funded Nairobi-Mombasa rail link of 300 miles is slated to cost a mere $5 billion - but China provides everything at Chinese prices). I'd at least double the estimate to $15 billion (and I hope I am wrong).
For some shippers, it may be a valuable alternative, provided that costs can be kept low.
Look up train ferries
Also the corridor is going to have three tracks at minimum
Why Panama Canal cannot create a close loop for the water? So it won’t use the lake water
Its not a viable solution, no shipping company would want to load and unload containers just for one day delay.. there isn’t big traffic crossing from Atlantic to Pacific.. US already have railroad from Atlantic cost to Pacific .
Panama could do just this. It would have to build pipelines with pumps to pump the water from the locks back uphill. Plus it would require a lot of electricity for the pumps. It is simpler to just raise transit tolls during dry periods. Panama knows it has a near monopoly.
@@TruthTeller8888it’s not just to transit. There’s industrial parks being build along the route. The idea is for raw resources to flow in, get manufacturer and then exported out. Panama does not have the resources to manufacture at the capacity that Mexico does.
@@angelgallegos199 then its for Mexican import export, us bound shipping will never use rail route in between.
@@JoyClinton-i8g panama already have rail route, nobody use it .. rail transit is not viable option
sounds like a BAD idea in every way. Time at sea is NOT a factor of $ nearly as much as you think. Cartel and other forms of organized crime is going to RAVAGE this perfect way to smuggle drugs and other illegal things like human trafficking.
You are so Cartel-center minded
They'll control it eventually
americans worrying about crime in other countries,,but obviously there is no crimes happening in the USA !
Haha where did you get your info, from tiktok haha
Panama could just consider building a railroad and ports.
Panama has a railroad built in 1855.
Panama is not connected to the USA ,,unload the cargo ..put on a train and within hours the cargo will be at the USA-Mexican border !
THIS IS AWESOME !!! LETS GO MEXICO!!!
Interesting. I hadn't heard of this effort. Good luck to Mexico in getting this to fruition. Has anyone heard anything about a proposed canal through Nicaragua?
Happy to see our brothers and sisters to the south expanding in industry and economy. I hope they can eventually get corruption/cartel dominance under control and the people can live more fruitful lives
can americans handle shoplifters ??
Why are waters at an all time low? I thought climate change was causing the ocean’s to rise?
Looks like they use a lake as a buffer since the two ocean water levels aren't the same. This is the first time I'm learning they use a lake as a buffer to the locks
cuz climate change isnt really a thing
Taking this question in good faith, the reason is this:
They can't use the oceans water as it would be unimaginably expensive to spend energy to lift it up and down to carry the ships through the canal, instead they use nearby lakes as buffer, using that fresh water as the material that ups and downs the ships, said water only to be unloaded onto the ocean each time a trip is made.
When they say water is at an all time low, they meant the water level of the lakes.
No lake, no fresh water. No fresh water, no Panama Canal.
Actually Climate Change is really messing up the economy of Panama, which is basically nothing without the Canal, right now theres a lot of social unrest because the government is being made to take tough choices, fresh water for the canal, or for the populace. This drought is only worsening.
It's NOT an ocean.
Also, water don't flow uphill.
The rains are back and there is plenty of water in the canal.
What happened to the ocean water levels rising… ? Of course they would say a drought - nice try
I wonder how much it would cost to get enough power in the canal zone to pump water back up hill? In some ways that's an ideal power dump because up to a point, you can just run it any time you can get cheap enough power and get benefits. You don't need to time it to when ships are in the locks or anything.
Panama already had a railway parallel to their canal. What's stopping them from improving container throughput that way? I imagine that the worse these kinds of droughts are, the more motivation there is to improve utilization of that railway.
People dont understand that the prices of things are never going back down. This inflation is deeper than we think. Those buying groceries are well aware that the real inflation is much over 10%. The increments dont match our income, yet certain investors still earn over $365,000 in stocks and assets. Wish I could accomplish that.
Brian demonstrates an excellent understanding of market trends, making well informed decisions that leads to consistent profit
he's mostly on Telegrams, using the user-name
Brian115 💯.. that's it
❤Thanks for the info. I'll reach out to him immediately
Most new tra'ders make the mistake of tra✓ding in their own without having the required skills to help them benefit from the mar>ket. I was once like that but all changed thanks to Brian Nelson
Great idea: Let's put the supply chain inside the cartel territory where they can easily get to it via land!
in a few years "cartels take trains and hold them for ransom"
Well, the United States should stop consuming drugs and sending weapons to Mexico so that the cartels lose power
I think since half of mexico lives stateside now...we should just annex mexico a state..
It would fix All the problems..
I think Mexico is pretty much empty now, so should be easy to buy or invade.
Pretty much all their problems are because the us is a comsumist black whole
No mention at all, about the added costs/time of Unloading, rail transport, Reloading another ship. This is a lot of added cost & time. Prolly just better to sail round the Horn.
No sane captain want's to take a giant ship with containers stacked high on that route.
@@Inkling777 Is it really all that bad with large modern ocean going tonnage?