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The NAFTA road's crown jewels of value to BNSF include: The TFM, which KCS had a longstanding binding agreement (finally being implemented, after much Mexican footdragging) to purchase at a rather low stock price that would be roughly half as much as TFM might fetch in an open bidding war. The TFM is the primary conduit for both intermodal, auto parts and finished autos, chemical traffic, and agricultural products between Mexico and the heartland of mid-America. If BNSF had it, I'm quite certain that their marketing people could alter long-haul traffic patterns to their advantage. The Texas Mexican Ry. connecting the TFM with the KCS (and currently interchanging with BNSF as well) which currently utilizes some rather circuitous UP trackage rights, but has recently purchased some former SP rights-of-way from UP, which the NAFTA road plans to rebuild as a much more direct route by way of Victoria, Texas. The KCS advantage of accessing the "chemical coast" of east Texas and west Louisiana in a manner that completely avoids the snarling congestion of the greater Houston area. Existing BNSF trackage and trackage rights east of Houston would greatly benefit from getting their traffic in and out of the area without having to traverse the logjams of the greater Houston area. The "Meridian Speedway" and the Vicksburg gateway, offering the best connections for BNSF from Texas to the NS and CSX trackage in the southern states. Also the enormous chemical complexes in the Shreveport/Baton Rouge/New Orleans corridor.
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