Grupo TMM, S.A.B. Stocks

Grupo TMM, S.A.B. functions as a comprehensive logistics and transportation provider across Mexico, operating through its various subsidiaries. Its operations are structured across four main divisions: Specialized Maritime Transportation, Logistics, Ports and Terminals, and Warehousing. The company's specialized maritime division offers a diverse range of services. This includes offshore vessels dedicated to supporting Mexico's offshore oil sector, tankers facilitating the movement of petroleum derivatives in both domestic and international waters, and parcel tankers engaged in transporting liquid chemical and vegetable oil cargoes between the United States and Mexico. Additionally, dry bulk carriers handle unpackaged goods, such as steel, across routes connecting South America, the Caribbean, and Mexico. As of March 31, 2022, the company's fleet consisted of 30 vessels, comprising product and chemical tankers, as well as various offshore supply vessels. Grupo TMM also provides ship maintenance and repair utilizing two floating drydocks, each capable of handling up to 3,000 metric tons. It acts as a port agent for vessel owners and operators throughout Mexican ports and manages warehousing, including bonded storage facilities. Furthermore, the company operates port terminals in Tuxpan, Tampico, and Acapulco, overseeing activities such as cargo loading and unloading, storage, and shipping agency functions. Its logistics segment delivers a broad spectrum of services. These include consulting, analytical support, and outsourcing solutions, alongside logistics network analysis and information process design. The company specializes in intermodal transport, comprehensive supply chain and logistics management, product handling and repackaging, local pre-assembly, and container maintenance and repair. These diverse offerings facilitate both inbound and outbound distribution, utilizing various transportation methods for automobile manufacturers and retailers. Founded in 1955, Grupo TMM maintains its headquarters in Mexico City, Mexico.