| Study Period | 2019 - 2030 |
| Base Year For Estimation | 2024 |
| Forecast Data Period | 2025 - 2030 |
| Market Size (2025) | USD 59.57 Billion |
| Market Size (2030) | USD 80.23 Billion |
| CAGR (2025 - 2030) | 6.14% |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Latin America Cross Border Road Freight Market Analysis by Mordor Intelligence
The Latin America Cross Border Road Freight Market size is estimated at USD 59.57 billion in 2025, and is expected to reach USD 80.23 billion by 2030, at a CAGR of 6.14% during the forecast period (2025-2030).
The market is experiencing increasing investments in shipping and trucking segments with the increasing demand for perishable goods and oil and gas. B2C-related cross-border deals have also been strong in this growing stream of Latin America. The imaginations of blue-water regions such as Mexico, Chile, and Brazil are expanding across the world's e-commerce landscape.
Land freight transport in Latin America is the most important mode of transportation for the region's subsystems of production, distribution, and sustainable development executing national and international merchandise distribution logistics. However, the poor road infrastructure in the region is a major limitation to the growth of the segment.
Latin America Cross Border Road Freight Market Trends and Insights
Increasing Demand from the Oil and Gas Industry
Latin American oil production is dominated by Brazil, Mexico, and Venezuela. These countries are responsible for about 75% of the region's total output and are also giants on the international stage, ranking as the world's 10th, 11th, and 12th-biggest oil producers, respectively.
Venezuela and other nations on the continent are set to boost their crude oil and natural-gas production despite the biggest non-war inflicted plunge in oil production in recent years. This growth is aided by the development of both conventional offshore resources and unconventional shale reserves in the region.
The increasing oil and gas output has made the industry a major end-user for the logistics sector. Despite the economic woes in some countries, the region set to boost its oil and natural gas production over the next few years, supporting the rig, FPSO, and oilfield services market, which will, in turn, increase the logistics spend in the sector.
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Increasing Demand for Perishables Presents an Opportunity for Cold Chain Logistics
Latin America is one of the world's top producing regions for fresh fruits and vegetables, along with beef, pork, and poultry. The refrigerated transport market is gaining momentum due to the escalation in globalization that has led to the growth of trade and a surge in demand for frozen and packaged food worldwide. The growth in the market can be attributed to the growing food and beverage industry, predominantly in countries such as Brazil and Mexico. The consumption of ready-to-eat products, beverages, and frozen food is increasing in Latin America, further boosting refrigerated transportation demand.
As compared to refrigerated vans and trucks, the investment required for refrigerated trailers is significantly higher. Local players prefer refrigerated vans and trucks over refrigerated trailers due to their low production and transportation capacity. The cost of transportation of products through refrigerated trailers is comparatively higher than transportation through refrigerated vans and trucks.
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Competitive Landscape
The Latin American cross border road freight market is fairly fragmented, with the presence of local and international players, like DHL, Ceva Logistics, Tuscor Lloyds, and Atlasmex, among others. The market is observing an increasing number of players expanding their services to gain a competitive advantage. Companies are also focusing on mergers and acquisitions in order to expand their reach and increase their operational efficiencies.
Latin America Cross Border Road Freight Industry Leaders
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DHL Supply Chain
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Ceva Logistics
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Kuehne Nagel
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Atlasmex
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XPO Logistics
- *Disclaimer: Major Players sorted in no particular order
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Recent Industry Developments
- February 2021: OOCL Logistics announced the expansion of its global network with the establishment of the OOCL Logistics (Costa Rica) SRL's office at a formal opening ceremony. This new office is an important milestone for OOCL Logistics as its first wholly-owned location in Latin America and a flagship office that will strengthen its ability to deliver quality services and build stronger business relationships with customers throughout Central America and global clients active in that trade region.
- April 2020: GEFCO Indústria do Brasil started the assembly of utility trucks in Guaíba, Brazil, as part of a new partnership with Foton Motor Group, a commercial vehicle manufacturer. GEFCO delivered its first vehicle for Foton at the end of April, in line with the manufacturers' robust quality requirements. GEFCO's goal is to increase the production capacity to meet the needs of Foton and its dealer network while proving the feasibility of its platform in Guaíba.
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Latin America Cross Border Road Freight Market Report Scope
Cross border road freight refers to transportation activities, infrastructures, and flows that support the passage of freight across an international border through roads as its mode of transportation.
The report provides a comprehensive background analysis of the cross border road freight market, covering the current market trends, restraints, technological updates and detailed information on various segments, and the competitive landscape of the industry. The impact of COVID-19 has also been incorporated and considered during the study.
The Latin American cross border road freight market is segmented by function (FTL, LTL, and CEP), end user (manufacturing and automotive, oil and gas, chemicals, agriculture, fishing, and forestry, construction, distributive trade, pharmaceutical and healthcare, and other end users (telecommunications, food and beverage, etc.), and geography (Mexico, Brazil, Panama, Chile, Colombia, and Rest of Latin America).
By Function
| Full Truck Load (FTL) |
| Less than Truck Load (LTL) |
| Courier, Express, and Parcel (CEP) |
By End User
| Chemicals |
| Agriculture, Fishing, and Forestry |
| Construction |
| Distributive Trade |
| Pharmaceutical and Healthcare |
| Manufacturing and Automotive |
By Geography
| Mexico |
| Brazil |
| Argentina |
| Chile |
| Colombia |
| Rest of Latin America |
| By Function | Full Truck Load (FTL) |
| Less than Truck Load (LTL) | |
| Courier, Express, and Parcel (CEP) | |
| By End User | Chemicals |
| Agriculture, Fishing, and Forestry | |
| Construction | |
| Distributive Trade | |
| Pharmaceutical and Healthcare | |
| Manufacturing and Automotive | |
| By Geography | Mexico |
| Brazil | |
| Argentina | |
| Chile | |
| Colombia | |
| Rest of Latin America |
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Key Questions Answered in the Report
How big is the Latin America Cross Border Road Freight Market?
The Latin America Cross Border Road Freight Market size is expected to reach USD 59.57 billion in 2025 and grow at a CAGR of 6.14% to reach USD 80.23 billion by 2030.
What is the current Latin America Cross Border Road Freight Market size?
In 2025, the Latin America Cross Border Road Freight Market size is expected to reach USD 59.57 billion.
Who are the key players in Latin America Cross Border Road Freight Market?
DHL Supply Chain, Ceva Logistics, Kuehne Nagel, Atlasmex and XPO Logistics are the major companies operating in the Latin America Cross Border Road Freight Market.
What years does this Latin America Cross Border Road Freight Market cover, and what was the market size in 2024?
In 2024, the Latin America Cross Border Road Freight Market size was estimated at USD 55.91 billion. The report covers the Latin America Cross Border Road Freight Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Latin America Cross Border Road Freight Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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Latin America Cross Border Road Freight Market Report
Statistics for the 2025 Latin America Cross Border Road Freight market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Latin America Cross Border Road Freight analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
