Study Period | 2017 - 2030 |
Base Year For Estimation | 2024 |
Forecast Data Period | 2025 - 2030 |
Market Size (2025) | USD 124.4 Billion |
Market Size (2030) | USD 162.2 Billion |
CAGR (2025 - 2030) | 5.45 % |
Market Concentration | Low |
Major Players![]() *Disclaimer: Major Players sorted in no particular order |
Mexico Freight and Logistics Market Analysis
The Mexico Freight and Logistics Market size is estimated at 124.4 billion USD in 2025, and is expected to reach 162.2 billion USD by 2030, growing at a CAGR of 5.45% during the forecast period (2025-2030).
Mexico's freight and logistics industry is experiencing significant transformation driven by increasing cross-border trade and infrastructure development. In November 2023, Mexico's total trade with the United States reached USD 65.8 billion, marking a 5.4% year-over-year increase. The top three commodities transported by trucks between the United States and Mexico were electrical machinery (USD 10.5 billion), computers and their parts (USD 9.4 billion), and vehicles with parts (USD 6.8 billion). This surge in cross-border activity has led to increased pressure on infrastructure and operational costs for shippers importing goods from Mexico. The sector's growth is further evidenced by the 2.5% increase in Mexican trucking companies moving goods to the United States in 2023, accompanied by a 14% expansion in vehicle fleet size.
The logistics infrastructure landscape is undergoing substantial modernization through strategic investments and development initiatives. In January 2024, Mexico's Secretariat of Communications and Transport (SCT) announced a comprehensive USD 12.53 billion investment plan to construct and enhance 8,115 kilometers of roads, encompassing 51 major projects on key federal routes. Additionally, USD 910 million has been allocated for the construction of 53 new roads in rural regions. These infrastructure developments are complemented by state-level initiatives, such as Michoacán's USD 280 million project to convert a 72.3-kilometer highway segment into a toll-free road, scheduled for completion by 2026.
The maritime logistics sector is witnessing remarkable growth and expansion, particularly in container handling capabilities. From January to April 2024, Mexican seaports handled a record 2.95 million TEUs, representing an 18.2% increase from the previous year. The Pacific Coast ports managed 2.14 million TEUs, marking a 19% year-over-year growth. Notable performances were recorded at Manzanillo and Lazaro Cardenas ports, with increases of 14.5% and 35%, respectively. This growth in maritime capacity is supported by significant infrastructure investments, such as APM Terminals Lazaro Cardenas' USD 140 million expansion project announced in September 2023.
The industry is experiencing significant consolidation and technological advancement through strategic acquisitions and partnerships. In July 2024, UPS's acquisition of Estafeta, a major express delivery firm in Mexico, marked a significant development in the sector. Estafeta's fleet of six Boeing 737-400 freighters and extensive network spanning 220 countries positions the combined entity to better serve the growing cross-border logistics demands. The acquisition reflects the increasing strategic importance of Mexico in global supply chains, particularly in light of nearshoring trends. This consolidation trend is accompanied by the modernization of logistics infrastructure, with logistics companies in Mexico investing in advanced tracking systems and automated solutions to enhance operational efficiency and service quality.
Mexico Freight and Logistics Market Trends
Mexico's transportation and storage sector growing with rise in volume of trade and future development projects
- From January to April 2024, Mexican seaports handled a record 2.95 million TEUs, an 18.2% increase YoY. The Pacific Coast ports managed most of this traffic, with a 19% increase to 2.14 million TEUs. Manzanillo and Lazaro Cardenas, the largest ports on the Pacific Coast, saw volume increases of 14.5% and 35%, respectively. This growth is expected to impact the sector's contribution to GDP positively. In August 2024, the Salina Cruz LNG JV revealed plans to build and operate a small-scale LNG bunkering and transshipment terminal in Salinas del Márquez, Salina Cruz, Oaxaca, Mexico.
- In February 2024, Amazon Web Services (AWS) announced plans to open an AWS infrastructure region in Mexico by early 2025. This new AWS Mexico (Central) Region will provide developers, startups, businesses, government, education, and nonprofits more options for running applications and serving users from data centers in Mexico, allowing them to store data locally. As part of its commitment to Latin America, AWS plans to invest over USD 5 billion in Mexico over the next 15 years. This new region is part of AWS’s ongoing efforts to offer advanced and secure cloud technologies in Mexico.
The Mexican government implemented tax subsidies to tackle inflation, resulting in a USD 4.51 billion loss in 2022
- In April 2024, Pemex directed its trading unit to stop exporting up to 436,000 barrels per day (bpd) of crude oil to focus on processing domestic oil at the new Dos Bocas refinery in Tabasco. The refinery, which began producing gasoline and diesel in Q1 2024, aims to boost domestic oil processing from 713,300 bpd in 2023 to 1.04 million bpd in 2024. Since July 1, 2024, jet fuel prices have followed the "single price" scheme announced by Pemex in June. Previously, a volume discount program allowed major buyers to lower jet fuel costs through bulk purchases.
- Mexico has been working for 6 years to boost its refinery output and decrease reliance on US oil imports. Progress is evident as Pemex's domestic refineries processed over 1 million bpd of crude in March 2024, the highest in almost 8 years. This increase has led to a 32% rise in gasoline and diesel production and a 25% YoY drop in imports. The surge in refinery output has reduced Mexican crude exports by around 500,000 bpd. Although the government initially stated no significant export cuts, declining shipments and the potential start of the long-delayed 340,000 bpd Olmeca refinery by 2025 could reshape global oil flows.
OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- Mexico City is the most populated city accounting for 17% of the total population
- The Mexican economy is driven by a surge in retail store launches and booming e-commerce sector
- Agri-food exports accounted for 8.7% of Mexico’s total exports in 2023, boosting the contribution to the GDP
- Mexico's inflation is impacted by the government's changes in taxes and tariffs
- The e-commerce sector in Mexico is expected to grow at a CAGR of 12.93% from 2023 to 2027
- Nearshoring is boosting the growth of the manufacturing industry in the country
- Fresh produce exports to the United States are expected to exceed USD 53 billion by 2030
- Mexico's natural gas imports are expected to double by 2030 due to rising demand
- The rise in fuel prices and a shortage of 56,000 drivers are impacting overall trucking operational costs
- Mexico is the leading global exporter of tractor trucks, 95.1% of which are destined for the United States
- Mexico government invested USD 394 million in boosting its logistic capabilities in 2023
- Mexican truck manufacturers exported 166,878 vehicles in 2022, witnessing YoY growth of 18%
- US-Mexico trade growth bolstered by nearshoring is expected to support road, rail and sea mode of transport
- Ports capacity expansion initiatives and investments coupled with infrastructure and technology driving growth
- The Port of Manzanillo is significant for Mexican shipping connectivity, with direct shipping routes established with 125 ports in 40 countries
- Growing port cargo volumes and nearshoring reviving investment to country ports for development
- Strong increase in basic supplies prices coupled with government subsidies impacted trucking industry pricing
- Increasing manufacturing output along with rising demand from nearshoring are boosting freight tonnage in Mexico
- Infrastructure projects aimed at developing ports, highways and electric vehicle adoption leading to growth in Mexico
Segment Analysis: End User Industry
Manufacturing Segment in Mexico Freight and Logistics Market
The manufacturing segment dominates the Mexico logistics market, accounting for approximately 43% of the market share in 2024. This dominance is primarily driven by Mexico's position as the country with the lowest unit costs of production within the North American Free Trade Agreement (USMCA). The segment's strength is evidenced by the fact that 83% of Mexico's non-oil export revenue comes from shipments sent to the United States, primarily consisting of manufactured goods including cars, computers, and machinery. The rise in manufacturing activity is further bolstered by significant nearshoring trends, with 42 new companies entering Mexico through nearshoring initiatives as of September 2023. Major investments like Tesla's USD 5 billion factory in Monterrey and the attraction of over USD 106 billion in foreign direct investment announcements during the first nine months of 2023 have significantly contributed to the segment's growth. The manufacturing sector has also created substantial employment opportunities, with 226,792 new jobs being created, of which 42% are associated with the automotive industry.

Construction Segment in Mexico Freight and Logistics Market
The construction segment is experiencing remarkable growth in the Mexico freight and logistics market, driven by substantial infrastructure developments and investments. Throughout 2023, the construction of more than 350 industrial projects began across various Mexican markets, with 5.6 million square meters of industrial buildings reported under construction nationwide by December. The sector's growth is further supported by significant public investments, including the Mexican government's allocation of USD 2.04 billion in 2023 for constructing and modernizing 220.4 km of federal roads. Additionally, the Infrastructure Program for Mexico City received USD 61.7 million for road improvements, while USD 1.13 billion was earmarked for 21 major projects in the city. The construction sector's overall activity grew by 15.6% year-over-year in 2023, indicating strong momentum in the segment. This growth trajectory is expected to continue with ongoing investments in residential, transport, electricity, LNG, and telecommunication infrastructure projects.
Remaining Segments in End User Industry
The other significant segments in the Mexico logistics market include wholesale and retail trade, agriculture, fishing and forestry, and oil and gas, mining and quarrying. The wholesale and retail trade segment has been particularly dynamic, benefiting from the robust growth in e-commerce and the addition of new shopping centers. The agriculture, fishing, and forestry segment continues to play a vital role in the market, supported by growing agri-food exports and modernization initiatives in the sector. The oil and gas, mining, and quarrying segment, while smaller in market share, remains strategically important due to ongoing investments in energy infrastructure and Pemex's expansion plans. Each of these segments contributes uniquely to the market's diversity and overall growth, with various government initiatives and private sector investments supporting their development.
Segment Analysis: Logistics Function
Freight Transport Segment in Mexico Freight and Logistics Market
The freight transport segment continues to dominate the Mexico freight and logistics market, accounting for approximately 45% of the market share in 2024. This segment's strong position is driven by Mexico's role as a key manufacturing and trade hub, particularly benefiting from nearshoring trends and increased US-Mexico cross-border trade. The segment has seen significant developments in 2024, with the Mexican government investing USD 12.53 billion in constructing or enhancing 8,115 km of roads throughout the year. The plan encompasses 51 major projects focused on key federal routes, with an additional USD 910 million allocated for constructing 53 new roads in rural regions. The segment's growth is further supported by robust maritime trade, with Mexican seaports handling record volumes 2.95 million TEUs in early 2024, representing an 18.2% increase year-over-year.
CEP Segment in Mexico Freight and Logistics Market
The Courier, Express, and Parcel (CEP) segment is emerging as the fastest-growing segment in the Mexican freight and logistics market, projected to grow at approximately 7% during 2024-2029. This remarkable growth is primarily driven by the booming e-commerce sector, with online shoppers anticipated to reach 78 million by 2025. The segment is witnessing significant technological advancements and infrastructure developments, particularly in last-mile delivery solutions. Major players are investing in electric vehicle fleets for urban deliveries, with companies like Estafeta deploying electric vehicles for last-mile operations. The growth is further supported by increasing cross-border e-commerce activities, with around 64% of Mexican internet buyers making purchases from US websites, and 50% of purchases being made from foreign retailers.
Remaining Segments in Logistics Function
The other significant segments in the Mexican freight and logistics market include freight forwarding in Mexico, warehousing and storage, and other value-added services. The freight forwarding in Mexico segment plays a crucial role in facilitating international trade, particularly benefiting from Mexico's strategic position in global supply chains and increased nearshoring activities. The warehousing and storage segment is experiencing substantial growth due to the expansion of e-commerce and manufacturing activities, with significant investments in new facilities and cold chain infrastructure. The value-added services segment complements these core functions by providing specialized solutions such as customs clearance, packaging, and supply chain consulting services, contributing to the overall market development and sophistication of logistics services in Mexico.
Mexico Freight and Logistics Industry Overview
Top Companies in Mexico Freight and Logistics Market
The market features a mix of global logistics giants and established domestic players competing across various segments. Logistics companies in Mexico are heavily investing in technological innovations, particularly in areas like real-time tracking systems, warehouse automation, and digital freight platforms to enhance operational efficiency. Strategic expansion efforts are primarily focused on developing cross-border capabilities with the United States, capitalizing on the nearshoring trend. Operational agility is being achieved through fleet modernization, including the adoption of electric and natural gas-powered vehicles, while companies are also expanding their warehousing footprint across key industrial corridors. The competitive landscape is characterized by significant investments in cold chain infrastructure, last-mile delivery solutions, and the development of specialized logistics services for high-growth sectors like e-commerce, automotive, and pharmaceuticals.
Fragmented Market with Strong Regional Players
The Mexican freight and logistics market exhibits a fragmented structure with a diverse mix of international conglomerates and local specialists operating across different service segments. Global players like FedEx, DHL, and Kuehne+Nagel leverage their extensive international networks and technological capabilities to serve multinational clients, while domestic companies like Grupo Mexico and Traxion maintain strong positions through their deep understanding of local markets and established regional infrastructure. The market has witnessed significant consolidation activity, particularly among regional players seeking to expand their service portfolios and geographical coverage.
Recent years have seen an acceleration in merger and acquisition activities, driven by companies' desires to strengthen their positions in specific segments or regions. Notable trends include the acquisition of specialized logistics providers to enhance capabilities in growth areas like e-commerce fulfillment and cold chain logistics. International players are increasingly entering the market through strategic partnerships with local operators, while domestic companies are forming alliances to compete more effectively with global giants. This consolidation trend is reshaping the competitive landscape, leading to the emergence of stronger, more integrated Mexican logistics providers capable of offering comprehensive solutions.
Innovation and Integration Drive Future Success
For incumbent players to maintain and expand their market share, developing integrated end-to-end logistics solutions that combine traditional services with digital capabilities will be crucial. Success factors include investing in advanced technology platforms, expanding specialized service offerings for high-growth industries, and strengthening cross-border capabilities. Companies must also focus on sustainability initiatives, including the adoption of alternative fuel vehicles and energy-efficient warehousing solutions, while building robust last-mile delivery networks to serve the growing e-commerce sector. The ability to offer customized solutions for specific industry verticals while maintaining operational efficiency will be key to retaining and growing market share.
Contenders looking to gain ground in the market need to focus on developing niche specializations in underserved segments or regions, while building strategic partnerships to access established networks and infrastructure. The market presents significant opportunities in specialized logistics services, particularly in areas like pharmaceutical logistics, automotive supply chain management, and temperature-controlled transportation. Success will depend on the ability to navigate regulatory requirements, particularly in cross-border operations and specialized cargo handling, while building strong relationships with key industrial clients. Companies must also consider the increasing focus on environmental regulations and sustainability requirements, which may necessitate significant investments in green technologies and practices.
Mexico Freight and Logistics Market Leaders
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A.P. Moller - Maersk
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DHL Group
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FedEx
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Grupo Mexico
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Traxion
- *Disclaimer: Major Players sorted in no particular order
Mexico Freight and Logistics Market News
- November 2024: DHL Express opened roughly 40 new branches across South America, with Argentina emerging as a focal point for investment. This move was part of a broader strategy that also targeted markets like Mexico, Brazil, and Colombia. DHL inaugurated about 20 new branches. Specifically in Argentina, the company channeled an investment of USD 214,106 (EUR 194,000) to establish two sales points in Rosario and Mendoza. In Mendoza, DHL introduced its specialized 'Wine Express' service, catering to the surging demand for local wine exports and bolstering international trade for regional wineries.
- October 2024: Fomento Económico Mexicano, S.A.B. de C.V. (FEMSA) finalized a definitive agreement with Grupo Traxión, S.A.B. de C.V. to divest specific logistics operations under the Solistica brand. The deal encompassed FEMSA's transportation management operations in Mexico, alongside contract logistics operations spanning Mexico, Colombia, and Brazil. Notably, the deal, valued at approximately 4,060 million Mexican pesos, excluded FEMSA's LTL operations in Brazil.
- September 2024: Hellmann Worldwide Logistics secured a contract logistics partnership with the renowned fashion-sport brand Lacoste in Mexico. Under this collaboration, Hellmann oversaw a dedicated, full-service distribution center for Lacoste Mexico. Utilizing a cutting-edge 11,000 sqm warehouse in Mexico City, Hellmann catered to 45 retail locations and direct-to-consumer shipments throughout Mexico, providing services such as receiving, inventory management, and pick, pack, and ship operations for both B2B and e-commerce outgoing orders.
Mexico Freight and Logistics Market Report - Table of Contents
1. EXECUTIVE SUMMARY & KEY FINDINGS
2. REPORT OFFERS
3. INTRODUCTION
- 3.1 Study Assumptions & Market Definition
- 3.2 Scope of the Study
- 3.3 Research Methodology
4. KEY INDUSTRY TRENDS
- 4.1 Demographics
- 4.2 GDP Distribution By Economic Activity
- 4.3 GDP Growth By Economic Activity
- 4.4 Inflation
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4.5 Economic Performance And Profile
- 4.5.1 Trends in E-Commerce Industry
- 4.5.2 Trends in Manufacturing Industry
- 4.6 Transport And Storage Sector GDP
- 4.7 Export Trends
- 4.8 Import Trends
- 4.9 Fuel Price
- 4.10 Trucking Operational Costs
- 4.11 Trucking Fleet Size By Type
- 4.12 Logistics Performance
- 4.13 Major Truck Suppliers
- 4.14 Modal Share
- 4.15 Maritime Fleet Load Carrying Capacity
- 4.16 Liner Shipping Connectivity
- 4.17 Port Calls And Performance
- 4.18 Freight Pricing Trends
- 4.19 Freight Tonnage Trends
- 4.20 Infrastructure
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4.21 Regulatory Framework (Road and Rail)
- 4.21.1 Mexico
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4.22 Regulatory Framework (Sea and Air)
- 4.22.1 Mexico
- 4.23 Value Chain & Distribution Channel Analysis
5. MARKET SEGMENTATION (includes 1. Market value in USD for all segments 2. Market volume for select segments viz. freight transport, CEP (courier, express, and parcel) and warehousing & storage 3. Forecasts up to 2030 and analysis of growth prospects)
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5.1 End User Industry
- 5.1.1 Agriculture, Fishing, and Forestry
- 5.1.2 Construction
- 5.1.3 Manufacturing
- 5.1.4 Oil and Gas, Mining and Quarrying
- 5.1.5 Wholesale and Retail Trade
- 5.1.6 Others
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5.2 Logistics Function
- 5.2.1 Courier, Express, and Parcel (CEP)
- 5.2.1.1 By Destination Type
- 5.2.1.1.1 Domestic
- 5.2.1.1.2 International
- 5.2.2 Freight Forwarding
- 5.2.2.1 By Mode Of Transport
- 5.2.2.1.1 Air
- 5.2.2.1.2 Sea and Inland Waterways
- 5.2.2.1.3 Others
- 5.2.3 Freight Transport
- 5.2.3.1 By Mode Of Transport
- 5.2.3.1.1 Air
- 5.2.3.1.2 Pipelines
- 5.2.3.1.3 Rail
- 5.2.3.1.4 Road
- 5.2.3.1.5 Sea and Inland Waterways
- 5.2.4 Warehousing and Storage
- 5.2.4.1 By Temperature Control
- 5.2.4.1.1 Non-Temperature Controlled
- 5.2.4.1.2 Temperature Controlled
- 5.2.5 Other Services
6. COMPETITIVE LANDSCAPE
- 6.1 Key Strategic Moves
- 6.2 Market Share Analysis
- 6.3 Company Landscape
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6.4 Company Profiles (includes Global Level Overview, Market Level Overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and Analysis of Recent Developments).
- 6.4.1 A.P. Moller - Maersk
- 6.4.2 Accel Logistics
- 6.4.3 Aeromexico Cargo
- 6.4.4 C.H. Robinson
- 6.4.5 Deutsche Bahn AG (including DB Schenker)
- 6.4.6 DHL Group
- 6.4.7 DSV A/S (De Sammensluttede Vognmænd af Air and Sea)
- 6.4.8 Estafeta
- 6.4.9 FedEx
- 6.4.10 Fomento Económico Mexicano, S.A.B. de C.V. (including Solistica)
- 6.4.11 Grupo FH
- 6.4.12 Grupo Mexico
- 6.4.13 Grupo TMM
- 6.4.14 Hellmann Worldwide Logistics
- 6.4.15 Kuehne+Nagel
- 6.4.16 Nippon Express Holdings
- 6.4.17 Penske Corporation (including Penske Logistics)
- 6.4.18 Romeu
- 6.4.19 Ryder System, Inc.
- 6.4.20 SEKO Bansard
- 6.4.21 Transportes Marva
- 6.4.22 Traxion
- 6.4.23 Trayecto GTM- Larmex
- 6.4.24 Tresguerras
7. KEY STRATEGIC QUESTIONS FOR FREIGHT AND LOGISTICS CEOS
8. APPENDIX
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8.1 Global Overview
- 8.1.1 Overview
- 8.1.2 Porter’s Five Forces Framework
- 8.1.3 Global Value Chain Analysis
- 8.1.4 Market Dynamics (Market Drivers, Restraints & Opportunities)
- 8.1.5 Technological Advancements
- 8.2 Sources & References
- 8.3 List of Tables & Figures
- 8.4 Primary Insights
- 8.5 Data Pack
- 8.6 Glossary of Terms
- 8.7 Currency Exchange Rate
Mexico Freight and Logistics Industry Segmentation
Agriculture, Fishing, and Forestry, Construction, Manufacturing, Oil and Gas, Mining and Quarrying, Wholesale and Retail Trade, Others are covered as segments by End User Industry. Courier, Express, and Parcel (CEP), Freight Forwarding, Freight Transport, Warehousing and Storage are covered as segments by Logistics Function.End User Industry | Agriculture, Fishing, and Forestry | |||
Construction | ||||
Manufacturing | ||||
Oil and Gas, Mining and Quarrying | ||||
Wholesale and Retail Trade | ||||
Others | ||||
Logistics Function | Courier, Express, and Parcel (CEP) | By Destination Type | Domestic | |
International | ||||
Freight Forwarding | By Mode Of Transport | Air | ||
Sea and Inland Waterways | ||||
Others | ||||
Freight Transport | By Mode Of Transport | Air | ||
Pipelines | ||||
Rail | ||||
Road | ||||
Sea and Inland Waterways | ||||
Warehousing and Storage | By Temperature Control | Non-Temperature Controlled | ||
Temperature Controlled | ||||
Other Services |
Mexico Freight and Logistics Market Research FAQs
How big is the Mexico Freight and Logistics Market?
The Mexico Freight and Logistics Market size is expected to reach USD 124.36 billion in 2025 and grow at a CAGR of 5.45% to reach USD 162.15 billion by 2030.
What is the current Mexico Freight and Logistics Market size?
In 2025, the Mexico Freight and Logistics Market size is expected to reach USD 124.36 billion.
Who are the key players in Mexico Freight and Logistics Market?
A.P. Moller - Maersk, DHL Group, FedEx, Grupo Mexico and Traxion are the major companies operating in the Mexico Freight and Logistics Market.
Which segment has the biggest share in the Mexico Freight and Logistics Market?
In the Mexico Freight and Logistics Market, the Freight Transport segment accounts for the largest share by logistics function.
Which is the fastest growing segment in the Mexico Freight and Logistics Market?
In 2025, the Courier, Express, and Parcel (CEP) segment accounts for the fastest growing by logistics function in the Mexico Freight and Logistics Market.
What years does this Mexico Freight and Logistics Market cover, and what was the market size in 2025?
In 2025, the Mexico Freight and Logistics Market size was estimated at 124.36 billion. The report covers the Mexico Freight and Logistics Market historical market size for years: 2017, 2018, 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Mexico Freight and Logistics Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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