BNET Industries
Market Cap:$41.8M
Last Fiscal Year Sales:$303.2M
- Public
- MX
Dow Jones Description
We believe we are one of the largest integrated logistics and transportation companies in Mexico providing specialized maritime services and integrated logistics services, including trucking services and ports and terminals management services, to premium clients throughout Mexico. Our goal is to provide full intermodal logistics and door-to-door services to our customers by being a source of trucking, port and ship services for clients transporting goods across land and water in the NAFTA corridor. Maritime Operations. Our Maritime Operations division provides maritime transportation services, including offshore vessels that provide transportation and other services to the Mexican offshore oil industry, tankers that transport petroleum products within Mexican waters, parcel tankers that transport liquid chemical and vegetable oil cargos from and to the United States and Mexico, and tugboats that provide towing services at the port of Manzanillo, Mexico. We provide these services through our fleet of 43 vessels, which includes product and chemical tankers, harbor tugs and a variety of offshore supply vessels. Ports and Terminals Operations. We presently operate two Mexican port facilities, Tuxpan and Acapulco, under concessions granted by the Mexican Government, which provide for certain renewal rights. This business unit also provides port agent services to vessel owners and operators in the main Mexican ports. Logistics Operations. ...
Chief Executive Officer
Jose F SerranoNumber of Employees 7,128
Peer Companies
NAICS Code Short Line Railroads: 482112
News & Analysis
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grupo tmm s.a. and kansas city southern - All News and Analysis
Kansas City Southern Announces Pricing of Common Stock Offering by Grupo TMM, S.A.
M2 PRESSWIRE-6 December 2006-Headline Maker: Kansas City Southern Announces Pricing of Common Stock Offering by Grupo TMM, S.A.C1994-2006 M2 COMMUNICATIONS LTD RDATE:06122006 Headquartered in Kansas City, Mo., Kansas City Ssouthern (NYSE:KSU) is a transportation holding company that has railroad investments in...
Grupo TMM Reports Third-Quarter and First-Nine Months 2005 Financial Results
MEXICO CITY -- Grupo TMM, S.A. (NYSE:TMM)(BMV:TMM A): --Net profit for third quarter of $4.1 million --Specialized Maritime profit improvement strategy underway Grupo TMM, S.A. (NYSE:TMM)(BMV:TMM A)("TMM"), a Mexican multi-modal transportation and logistics company, reported earnings of $0.07 per share for the third quarter of 2005 compared...
KCS, TFM, GTFM, and Grupo TMM Reach Settlement Agreement with Mexican Government Regarding VAT Refund Certificate and Put Obligation
KANSAS CITY, Mo. -- Kansas City Southern KCS(NYSE: KSU) announced that it and its subsidiaries TFM, S.A. de C.V. TFM and Grupo Transportacion Ferroviaria Mexicana, S.A. de C.V. GTFM, along with the Mexican holding company Grupo TMM, S.A. Grupo TMM, have entered into a settlement agreement with the Mexican government...
Grupo TMM Announces Settlement of VAT Lawsuit
MEXICO CITY -- Grupo TMM, S.A. (BMV:TMM A)(NYSE:TMM) ("TMM") today announced that Grupo TFM, S.A. de C.V. ("Grupo TFM") and the Mexican government have reached a settlement of Grupo TFM's VAT lawsuit and the Mexican government's Put option ("the Put"). In accordance with a proposal jointly prepared and proposed...
Grupo TMM Reports Second-Quarter and First-Half 2005 Financial Results
MEXICO CITY -- Grupo TMM, S.A. (NYSE:TMM): --Two new five-year charter contracts for product tankers with Pemex will provide an additional $97 million in revenue during their terms --Plan to increase owned offshore supply ship vessels underway Grupo TMM, S.A. (NYSE:TMM)(BMV:TMM A), a Mexican multi-modal transportation and...
Grupo TMM Reports First-Quarter 2005 Financial Results
MEXICO CITY -- Grupo TMM, S.A. (NYSE:TMM)(BMV:TMM A): --Equity increased by $156 million from monetization of railroad asset --Total financial obligations reduced by $140 million by mid-May --New contracts with Pemex at Specialized Maritime --Revenue, operating income and operating margin up Grupo TMM, S.A. (NYSE:TMM)(BMV:TMM...
Grupo TMM
GRUPO TMM, a Mexican logistics company, said that the U.S. Surface Transportation Board gave permission to Kansas City Southern KCS, a U.S. railway, to buy control of The Texas Mexican Railway Company and the U.S. portion of the Laredo International Bridge in Texas. The approval was the last step in...
Grupo TMM
GRUPO TMM, a Mexican logistics company, said it sold for US$32.7 million its 51% stake in Mexrail, a Texas-Mexico railway, to Kansas City Southern, a U.S. railroad. Kansas City Southern was obligated to buy the remaining 49% by Oct. 31.
Grupo TMM Reports Third-Quarter and First Nine-Month 2004 Financial Results
MEXICO CITY -- Grupo TMM (NYSE:TMM). --Improved revenues at TFM, Specialized Maritime, Ports and Logistics --Operating income impacted by 39 percent rise in fuel costs and continuing sluggish automobile sector Grupo TMM, S.A. (NYSE:TMM)(BMV:TMM A; "TMM"), a Mexican multi-modal transportation and logistics Company and owner of the...
Grupo TMM And KCS Announce New Decision of Mexican Fiscal Court Denying TFM'S VAT Claim
Business Editors MEXICO CITY--BUSINESS WIRE--Dec. 9, 2002 Grupo TMM, S.A. ("Grupo TMM") (NYSE: TMM) and Kansas City Southern ("KCS") (NYSE: KSU), owners of the controlling interest in TFM, S.A. de C.V. TFM, announced that the upper chamber of the Federal Tribunal of Fiscal and Administrative Justice (the "Fiscal...
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Decision Makers
Board of Directors
Mr. Jose F. Serrano was born on November 22, 1940. He has served as Chairman and Chief Executive Officer of Grupo TMM since 1992. Throughout his professional career, he has owned several family-owned companies in Mexico. Among the most outstanding positions of his professional and entrepreneurial career are: Chairman of the Executive Committee and Chairman of the Board of Grupo Anahuac, S.A. de C.V. and Chairman of the Executive Committee and Chairman of the Board of Hules Mexicanos, S.A. de C.V. Mr. Jose F. Serrano holds a master's degree in engineering from Villanova University in Pennsylvania, U.S.A.
| Organization | Position | Status |
|---|---|---|
| Grupo TMM, S.A. | Chief Executive Officer | Current |
| Grupo TMM, S.A. | Chairman | Current |
| Villanova University | Master's Degree In Engineering | Former |
| Organization | Position | Status |
|---|---|---|
| Grupo TMM, S.A. | Chairman of the Board of Directors and Chief Executive Officer | Current |
| Villanova University | Master's Degree In Engineering | Former |
| Organization | Position | Status |
|---|---|---|
| Grupo TMM, S.A. | President | Current |
| Organization | Position | Status |
|---|---|---|
| Grupo TMM, S.A. | President | Current |
| Organization | Position | Status |
|---|---|---|
| Grupo TMM, S.A. | Chief Financial Officer | Current |
Mr. Fernandez was born on January 13, 1969. He has served as Chief Financial Officer of Grupo TMM since 2002. Mr. Fernandez joined Grupo TMM in 1996 as Risk Manager, later serving as Corporate Treasurer and Finance Director. Prior to joining TMM, Mr. Fernandez worked in the banking sector. He has a degree in Business Administration and a master's degree in Finance from the Instituto Tecnologico Autonomo de Mexico ("ITAM").
| Organization | Position | Status |
|---|---|---|
| Grupo TMM, S.A. | Chief Financial Officer | Current |
| Grupo TMM, S.A. | Risk Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Grupo TMM, S.A. | CFO | Current |
| Grupo TMM, S.A. | Treasurer & Finance Director | Former |
Mr. Rigada was born on August 8, 1972. He has served as Chief Legal Officer for Grupo TMM since February 2006. Mr. Rigada started his legal practice in 1991, having worked at Goodrich, Riquelme y Asociados and later at Pelletier y Asociados. From 2002 to 2005, he served as Chief Legal Officer for Kansas City Southern de Mexico (f/n/a TFM, S.A. de C.V.) Additionally, from 1999 to 2002, he was the negotiator and legal advisor for the Mexican Mission to the World Trade Organization at Geneva, Switzerland. Mr. Rigada holds a bachelor's degree in Law form the Universidad Nacional Autonoma de Mexico ("UNAM"), graduating with Honors, and studies at the University of Texas and in Canada.
| Organization | Position | Status |
|---|---|---|
| Grupo TMM, S.A. | Chief Legal Officer | Current |
| Organization | Position | Status |
|---|---|---|
| Grupo TMM, S.A. | Corporate Human Resources Director | Current |
| Organization | Position | Status |
|---|---|---|
| Grupo TMM, S.A. | Director of the Maritime Transportation Division | Current |
| The_Bulk | General Director | Former |
| Organization | Position | Status |
|---|---|---|
| Grupo TMM, S.A. | Corporate Audit Director | Current |
| Universidad Iberoamericana | Degree | Former |
| Organization | Position | Status |
|---|---|---|
| Grupo TMM, S.A. | Corp Audit Director | Current |
| Organization | Position | Status |
|---|---|---|
| Grupo TMM, S.A. | Director, Land Transportation | Current |
| Organization | Position | Status |
|---|---|---|
| Grupo TMM, S.A. | Administrative and Planning Corporate Director | Current |
| Grupo TMM, S.A. | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| Grupo TMM, S.A. | Operations Director, Tmm Logistics | Current |
Mr. Vergara was born on June 24, 1958. He has worked for Grupo TMM in a variety of capacities since 1997, and since 2005 he has served as Human Resources Corporate Director for Grupo TMM. Mr. Vergara holds a degree in Business Administration and a maste'rs degree from the Instituto Panamericano de Alta Direccion de Empresas ("IPADE"). His professional background includes excecutive positions at Chrysler de Mexico, Kodak and Ford Motor Company.
| Organization | Position | Status |
|---|---|---|
| Grupo TMM, S.A. | Human Resources Corporate Director | Current |
| Organization | Position | Status |
|---|---|---|
| Grupo TMM, S.A. | Director, Transportacion Ferroviaria Mexicana | Current |
| Grupo TMM, S.A. | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| Grupo TMM, S.A. | Ports and Terminals Director | Current |
| Organization | Position | Status |
|---|---|---|
| Grupo TMM, S.A. | Director, IR | Current |
| Organization | Position | Status |
|---|---|---|
| Grupo TMM, S.A. | Director, Specialized Transport | Current |
| Organization | Position | Status |
|---|---|---|
| Grupo TMM, S.A. | General Director | Current |
| Organization | Position | Status |
|---|---|---|
| Grupo TMM, S.A. | Manager, Investor Relations | Current |
| Organization | Position | Status |
|---|---|---|
| Grupo TMM, S.A. | Current | |
| Schneider National, Inc. | Senior Vice President He previously | Former |
| Schneider National, Inc. | Director of National Accounts | Former |
| Portland State University | degree in economics | Former |
| Organization | Position | Status |
|---|---|---|
| Grupo TMM, S.A. | Current |
| Organization | Position | Status |
|---|---|---|
| Grupo TMM, S.A. | Current |
| Organization | Position | Status |
|---|---|---|
| Grupo TMM, S.A. | Current |
| Organization | Position | Status |
|---|---|---|
| Grupo TMM, S.A. | Current | |
| Baker & McKenzie Global Services LLC | Former |
| Organization | Position | Status |
|---|---|---|
| Grupo TMM, S.A. | Attorney | Current |
| Grupo TMM, S.A. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Grupo TMM, S.A. | Current | |
| Villanova University | Master's Degree in engineering | Former |
| Organization | Position | Status |
|---|---|---|
| Grupo TMM, S.A. | Current |
| Organization | Position | Status |
|---|---|---|
| Grupo TMM, S.A. | Current | |
| Special Projects, Inc. | Corporate Director | Former |
| Harvard University | postgraduate degree in Administration | Former |
| Universidad Iberoamericana | degree in Business Administration | Former |
| Organization | Position | Status |
|---|---|---|
| Grupo TMM, S.A. | Current |
| Organization | Position | Status |
|---|---|---|
| Grupo TMM, S.A. | Current |
| Organization | Position | Status |
|---|---|---|
| Grupo TMM, S.A. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Grupo TMM, S.A. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Grupo TMM, S.A. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Grupo TMM, S.A. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Grupo TMM, S.A. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Grupo TMM, S.A. | Secretary | Current |
| Organization | Position | Status |
|---|---|---|
| Grupo TMM, S.A. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Grupo TMM, S.A. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Grupo TMM, S.A. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Grupo TMM, S.A. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Grupo TMM, S.A. | Board of Directors | Current |
| Yale University | Ph.D. in Economics | Former |
| Organization | Position | Status |
|---|---|---|
| Grupo TMM, S.A. | Board of Directors | Current |
| Newport International University | Degree In Finance and Business Administration | Former |
| Organization | Position | Status |
|---|---|---|
| Grupo TMM, S.A. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Grupo TMM, S.A. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Grupo TMM, S.A. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Grupo TMM, S.A. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Grupo TMM, S.A. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Grupo TMM, S.A. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Grupo TMM, S.A. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Grupo TMM, S.A. | Board of Directors | Current |
| Cemex, Inc. | Corporate Director of Strategic Planning | Former |
| Universidad Iberoamericana | Degree In Business Administration | Former |
| Harvard University | Degree In Administration | Former |
| Organization | Position | Status |
|---|---|---|
| Grupo TMM, S.A. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Grupo TMM, S.A. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Grupo TMM, S.A. | Vice Chairman | Current |
| Grupo TMM, S.A. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Grupo TMM, S.A. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Grupo TMM, S.A. | Board of Directors | Current |
| Grupo TMM, S.A. | Vice Chairman | Current |
| Organization | Position | Status |
|---|---|---|
| Grupo TMM, S.A. | Vice Chairman | Current |
| Grupo TMM, S.A. | Vice Chairman | Current |
| Organization | Position | Status |
|---|---|---|
| Grupo TMM, S.A. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Grupo TMM, S.A. | Board of Directors | Current |
| Volume | 19,600 |
| Shares Outstanding | 11.1M |
| Market Cap | 41.8M |
| Year High | 5.75 |
| Year Low | 2.65 |
| Earnings Per Share | 4.00 |
| P/E Ratio | 0.9375 |
| Dividend | 0.00 |
| Yield | 0.00 |
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