SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN ISSUER
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934

For the month of JANUARY 2005
Commission File Number: 333-08322

TFM, Inc. and
Mexican Railway Transportation Group, Inc.
(Translation of registrant’s name into English)

Av. de la Cúspide No.4755, Colonia Parques del Pedregal, Delegación Tlalpan,
México City, D.F., C.P. 14010 México
(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F

Form 20-F ý Form 40-F o

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101 (b)(1):

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101 (b)(7):

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes o No ý

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):82-____ .

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Date: January 0613, 2005


TFM, S.A. de C.V. and Grupo Transportación
Ferroviaria Mexicana, S.A. de C.V.

By: /s/ Jacinto Marina Cortés
______________________________________
Jacinto Marina Cortés
Chief Financial Officer

This Form 6-K and the exhibit attached hereto are hereby incorporated by reference into the Registration Statement on Form F-3, Number 333-90710.

EXHIBIT INDEX

EXHIBIT 99.1: Press Release dated January 0613, 2005. Grupo TMM's ~~and~~Shareholders ~~KCS~~Approve ~~Announce~~Sale ~~TFM Notification~~ of ~~Favorable~~TFM ~~VAT Decision~~to ~~and~~Kansas ~~New~~City ~~Lawsuit Brought by the Mexican Federal Government~~Southern.

Exhibit 99.1




GRUPO TMM COMPANY CONTACT:		AT DRESNER CORPORATE SERVICES:
Brad Skinner, Senior Vice President		Kristine Walczak, General Investors
Investor Relations		Analysts and Media
011-525-55-629-8725 or 203-247-2420		312-726-3600
(brad.skinner@tmm.com.mx)		(kwalczak@dresnerco.com)


Marco Provencio, Media Relations:
Proa/StructurA
011-525-55-629-8708 and 011-525-55-442- 4948
(mp@proa.structura.com.mx)



KANSAS CITY SOUTHERN CONTACTS:
William H. Galligan
Assistant Vice President Investor Relations
816-983-1551
(william.h.galligan@kcsr.com)


MEXICO
Gabriel Guerra
Media Relations
011-525-55-273-5359
(gguerra@gcya.net)

Grupo TMM’s ~~and~~Shareholders ~~KCS~~Approve ~~Announce~~Sale ~~TFM Notification~~ of ~~Favorable~~TFM ~~VAT Decision~~to ~~and~~Kansas ~~New~~City ~~Lawsuit Brought by the Mexican Federal Government.~~Southern

~~México~~Mexico City ~~and Kansas City~~, ~~Mo.~~ January 613, ~~2005~~2004. - Grupo TMM, S.A. (~~BMV~~NYSE: TMM A and ~~NYSE~~BMV: TMM) ~~(”TMM”~~A) ~~and Kansas City Southern~~ (~~NYSE:~~or ~~KSU)~~“the (Company”~~KCS”~~) ~~announced~~ announced that ~~TFM,~~its ~~S.A.~~shareholders deunanimously ~~C.V.~~approved ~~(”TFM”) was served yesterday with~~ the ~~favorable~~board ~~decision~~ of ~~the~~directors’ ~~Federal~~recommendation ~~Appellate~~to ~~Court,~~sell ~~dated November 24, 2004. The decision upholds TFM~~TMM’s ~~claim~~51 ~~that~~percent voting itinterest isin ~~entitled~~Grupo toTransportación ~~inflation~~Ferroviaria ~~and~~Mexicana, ~~interest~~S.A. ~~from~~de ~~1997~~C.V. on(“TFM”) ~~the~~to ~~value~~Kansas ~~added~~City ~~tax~~ Southern (“KCS”~~VAT”~~) ~~refund it~~at ~~received~~a ~~from~~shareholder ~~the~~meeting ~~Mexican~~held ~~Government.~~on January 11. As previously announced, ~~TFM~~under ~~received~~the aproposed transaction, ~~VAT~~the ~~refund~~Company ~~certificate~~will ~~on January~~receive ~~19,~~$200 ~~2004,~~million in ~~the~~cash, ~~original~~18 ~~amount~~million shares of ~~its~~KCS ~~claim~~common ~~(approximately 2.1 billion pesos)~~stock, ~~without any~~$47 ~~adjustment~~million ~~for~~in ~~accrued~~a ~~inflation~~two-year orpromissory ~~interest.~~note, ~~The~~and ~~Federal~~up ~~Appellate~~to ~~Court~~$110 ~~has~~million ~~remanded~~payable ~~the~~in ~~case~~a tocombination ~~the Fiscal~~of ~~Court~~cash ~~with~~and ~~instructions~~KCS common tostock ~~enter~~upon asuccessful ~~new~~resolution ~~order~~of ~~consistent~~pending ~~with~~issues. José ~~this decision~~F. Serrano, chairman and CEO stated, “The ~~notification~~sale of ~~this~~ ~~decision~~our interest ~~represents another step~~ in ~~the~~TFM ~~process~~will ofopen ~~recovering~~ the ~~full~~door ~~value~~to ofa ~~the~~new phase ~~VAT~~in ~~refund~~TMM´s history. ~~This decision~~By significantly reducing ~~had~~our ~~been~~debt, ~~expected~~we ~~and~~will ~~was~~once ~~publicly~~again ~~announced~~have byaccess ~~TMM~~to working and growth ~~KCS on November 29, 2004~~capital. ~~TMM~~ We ~~and~~believe ~~KCS also announced~~ that ~~TMM,~~upon completion ~~Grupo~~of ~~Transportación~~this ~~Ferroviaria Mexicana~~sale, ~~S.A. de C.V. (”~~ Grupo ~~TFM”),~~ ~~and~~TMM ~~TFM~~will ~~have~~be ~~been~~in ~~served with~~ a ~~commercial~~position ~~lawsuit~~to ~~brought~~focus ~~before~~on its aoperations and ~~Mexican~~to ~~Federal~~improve ~~Court~~cash byflow ~~the Mexican~~and ~~Federal Government~~operating performance. ~~KCS~~This transaction is ~~also~~truly ~~named~~in asthe ~~a defendant, but it has not yet been served. The Court~~best ~~refused~~interests toof ~~accept~~TMM´s ~~several~~shareholders ~~claims~~and ~~asserted~~will byensure ~~the~~long-term ~~Mexican~~growth ~~Government~~and inflexibility ~~the~~at ~~lawsuit~~TMM.” Javier ~~The~~Segovia, president ~~Mexican Government~~of ~~has~~TMM ~~appealed that decision.~~ added, “The combination of ~~Court~~KCS ~~accepted~~and ~~for~~TFM ~~consideration~~creates ~~the Mexican Government’s~~an efficient shipping ~~request~~route tobetween ~~determine whether~~ the ~~defendants~~U.S. ~~have~~and ~~complied~~Mexico, ~~with~~a ~~all~~truly ofintegrated railroad service, from ~~the~~Mexico´s ~~legal~~Pacific ~~obligations~~coast ~~they~~up ~~assumed~~to ~~during~~ the ~~process of the privatization of Ferrocarril del Noreste, S~~Great Lakes.A. Through deits ownership in ~~C.V.~~Kansas ~~(today~~City Southern shares, ~~TFM).~~ TMM ~~and KCS~~will ~~believe~~have ~~that~~an estimated ~~this~~22 percent interest ~~issue~~in isa ~~without~~valuable franchise ~~merit~~ and ~~that~~a ~~they~~strong ~~have~~rail alternative ~~fully~~with ~~satisfied~~more ~~their~~than ~~legal~~5,281 ~~obligations related~~miles ~~to the privatization~~ of ~~TFM.~~main ~~Notwithstanding~~track ~~the~~to ~~ongoing~~service ~~litigation,~~its ~~TMM~~clients. This transaction will provide significant opportunities to ~~and~~both KCS ~~will continue discussions with the Mexican Government~~and ~~aimed~~TMM.” Consummation atof ~~resolving~~ the ~~outstanding~~transaction remains ~~disputes~~subject ~~between~~to the satisfaction ~~parties~~of ~~over~~certain conditions, including ~~the value added tax refund~~ KCS shareholder approval and satisfaction of the requirements of the U.S. Hart-Scott-Rodino Antitrust ~~obligation~~Improvements toAct ~~purchase~~of ~~the~~1976, ~~remaining~~which ~~shares~~had ofbeen ~~TFM,~~obtained inprior ~~accordance~~but ~~with~~expired ~~law~~ and ~~the~~were ~~applicable~~re-filed ~~agreements~~in December 2004. Headquartered in Mexico City, TMM is a Latin American multimodal transportation company. Through its branch offices and network of subsidiary companies, TMM provides a dynamic combination of ocean and land transportation services. As ~~Visit~~of ~~TMM’s~~the ~~web~~date ~~site~~of atthis ~~http://www.grupotmm.com~~release, Grupo ~~and~~TMM ~~TFM’s~~holds ~~web~~the control interest ~~site at http://www.tfm.com.mx. Both sites offer Spanish/English language options. KCS is a transportation holding company that has railroad investments~~ in ~~the United States~~Grupo TFM, which operates Mexico´s Northeast Railroad and ~~Panama.~~ transports ~~Its~~40 ~~primary~~percent ~~holding~~of in the ~~United~~country’s ~~States~~rail ~~is The Kansas City Southern Railway Company~~cargo. ~~KCS owns 51%~~ Upon the consummation of ~~The~~the ~~Texas~~proposed transaction, Grupo ~~Mexican~~TMM ~~Railway~~will ~~Company,~~be ~~which~~the ~~connects~~largest shareholder of ~~The~~ Kansas City Southern, owning approximately ~~Railway~~22 ~~Company~~percent ~~and~~of ~~TFM. Headquartered in~~ Kansas City, ~~Missouri,~~Southern’s outstanding ~~KCS serves customers in the central and south central regions of the United States~~shares. Visit ~~KCS' rail holdings and investments are primary components of a NAFTA Railway system~~TMM’s ~~that links the commercial and industrial centers of the United States and Mexico~~web site at http://www. ~~KCS~~grupotmm.com and TFM’ s web site is at http://www.~~kcsi~~tfm.com.mx. Both sites offer Spanish/English language options.

Included in this press release are certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements are based on the beliefs of TMM”s and KCS’ management as well as on assumptions made. Actual results could differ materially from those included in such forward-looking statements. Readers are cautioned that all forward-looking statements involve risks and uncertainty. For additional information relating to such risks and uncertainties, readers are urged to review TMM’s and KCS’ respective filings and submissions with the Securities and Exchange Commission under the Securities Exchange Act of 1934, as amended.

Included in this press release are certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements are based on the beliefs of TMM’s and KCS’ management as well as on assumptions made. Actual results could differ materially from those included in such forward-looking statements. Readers are cautioned that all forward-looking statements involve risks and uncertainty. For additional information relating to such risks and uncertainties, readers are urged to review TMM’s and KCS’ respective filings and submissions with the Securities and Exchange Commission under the Securities Exchange Act of 1934, as amended.

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