Cameron County intends to purchase Union Pacific Railroad’s ownership stake in the Brownsville & Matamoros Bridge Company, bringing the century-old crossing under county control to expand oversight of cross-border trade and travel.
The deal, announced Wednesday, is expected to close in late 2025 or early 2026 and will fold the B&M Bridge into the county’s International Bridge System, which already manages the Gateway, Free Trade, and Veterans bridges. Together, those crossings supported more than 5.6 million travelers and over $20 billion in trade in 2024.
While Cameron County officials have yet to disclose the price tag, Cameron County Judge Eddie Treviño Jr. said the acquisition is more than a historic milestone, noting negotiations began about two years ago.
“Securing the Brownsville & Matamoros Bridge Company is a transformative moment for Cameron County,” Treviño said in a news release Wednesday. “We’re preserving a vital piece of binational infrastructure and deepening our partnership with Mexico to support bi-national transportation, commerce, tourism, and cultural exchange.”
Trending News
- Cameron County set to acquire B&M Bridge, adding fourth international crossing to its network
- Rhodes Enterprises goes all-in with a $100 million bet on South Texas renters
- Breaking: Mission businessman, Hidalgo County appraisal board member killed
- McAllen sets sights on regional tourism with $230 million Boeye Reservoir development
- Mission ambulance company faces third bankruptcy, vows no disruption in services
Get the latest business news delivered to your inbox every morning for free.
Stories That Matter
- South Texas Health System opens neurological ICU in McAllen after $12M renovation
- Brownsville economic development leader named among Texas’ most influential figures
- DHR Health sets aggressive push to double kidney transplants after record year
- Texas National Bank acquiring Citizens State in Starr County
- UTRGV football debut energizes Valley, fuels estimated $14.5M economic boost
- Reynosa, Matamoros drive Tamaulipas workforce past 1.7 million
- The story behind the Rio Grande Valley Business Journal
- Tim Hortons adds 5th Reynosa store in 2 years
- Walmart returns to Reynosa a decade after fire shut its only store
- A rail shortcut from Monterrey to Florida is now connected to Brownsville, linking the RGV to global supply chains