TRANSPORTATION MARITIMA MEXICANA

 Transportaci6n Maritima Mexicana (TMM) is Mexico's dominant maritime shipping

company. Ninety-five percent of its freight is containerized, with most of the balance being

automobiles. Its services include both coastal movements and extensive international service,

By some estimates, TMM accounts for over 95 percent of containerized coastal movements.

Moreover, TMM is one of the world's major international container transporters, operating 14

container ships with combined capacity of nearly 17,000 containers and routings which link:


 Mexico/U.S. Gulf and Northern Europe Mexico/U.S. Gulf and Mediterranean
 Mexico and Brazil U.S./Mexico West Coasts and South America
 East Asia and U.S. West Coast

Mexico imports more from both the Far East and Europe than it exports. Calls at U.S. ports

help to balance this traffic.

 TMM is involved with refrigerated movements and intends to increase that commitment.

Currently, it uses 200 refrigerated containers for its European routes and 1,300 refrigerated

containers for the Asian route. TMM recently announced a joint venture with an Argentinean

carrier to transport Pacific Northwest fruit to Mexico and South American bananas to the U.S.

(see Appendix 1). Moreover as noted earlier, TMM and Del Monte have formed a joint venture

which will result in TMM handling virtually all of Del Monte's marine movements of fruit.

Within Mexico this will entail the development of two specialized port facilities. In mid-1993

TMM initiated a land transport division, primarily to provide feeder and some long distance

container haulage by truck. Currently, this division has a fleet of 150 flatbeds, with plans for

expansion to 500 flatbeds within two years. TMM's land division will handle refrigerated, as

well as dry, containers. As part of this effort, TMM and J.B. Hunt have recently signed an