MEXICO ROAD FREIGHT TRANSPORT MARKET - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The Mexico road freight transport market is estimated to witness at a CAGR of 6.56% during the forecasted period of 2019-2024. The market is driven by the increasing trade with the NAFTA countries and the growing logistics infrastructure in the country.

Market Snapshot

mexico road shot
Study Period: 2016 - 2026
Base Year: 2020
CAGR: 6.56 %

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Market Overview

The Mexican road freight transport market is estimated to register a CAGR of 6.56% during the forecasted period of 2019-2024. In Mexico, the logistics network consists of 117 seaports, 393,471 kilometers of roads, 27,000 kilometers of railway lines, 76 airports, 46 customs points, and 66 intermodal terminals. The government has a positive outlook towards investment in the logistics sector as the development of Transistmic Corridor is considered one of the main infrastructure projects of the current administration since it includes not only the construction of a train but also the installation of 10 industrial parks and a gas pipeline.

  • Warehousing sector is expected to see more activity in the country. Mexican shipper and transportation providers are scrambling to expand their warehousing and distribution center footprints, as reflected by a near doubling of industrial space leased over the last four years that contributed to a market characterized in 2018 by low vacancy rates and high rental costs.

Scope of the Report

The report provides insights on segmentation, with segmentation by function (Freight Transport, Freight Forwarding, Warehousing, Value-added Services) and by end-user industries (Manufacturing and Automotive, Oil and Gas, Mining, and Quarrying, Agriculture, Fishing, and Forestry, Construction, Distributive Trade, Other End Users (Telecommunication and Pharmaceuticals) ).
The report also provides insights on the Mexico road freight market with coverage of demand and supply analysis, spotlight on freight rates, insights on operating costs, insights on fuel costs, and insights on in-use tractor trailers.
The company profiles of the top players in the Mexican road freight market are also provided in the report.

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Key Market Trends

Strong Exports Volumes with United States

Over the past five years, the exports of Mexico to US have increased steadily. In 2017, the total import from the United States was worth USD 239,826 million. While in 2018, the total exports were valued at USD 260,659 million. In August 2019, the Mexican global exports registered a growth of 2.2%, as compared to the same month in 2018. According to the information from the National Institute of Statistics and Geography (INEGI), the value of exports of goods in the eighth month of 2019 was USD 40.43 billion, which was made up of USD 38,486 million worth of non-oil exports and USD 1,944 million of oil companies exports.
With this, in the month of August, total exports showed an annual growth of 2.2%, which was a net result of a variation of 4.6% in non-oil exports and a 29.1% drop in oil companies. Within non-oil exports, those directed to the United States advanced at an annual rate of 4.1% and those channeled to the rest of the world did so at 6.8%.
mexico road trend 1

In-use Tractor Trailer Fleet Increased in Recent Years

According to data from government sources, as of end of 2018, there are a total of 496,057 registered drive units in Mexico, which also includes 326,128 tractor units. Similarly, there are 486,335 registered drag units which includes 482,595 units of semi-trailers and 3,740 units of trailers. This results in a ratio of semi-trailers per highway tractor as 1.48.
The registered vehicle population which is based on license plates implies the total number of tractor units in existence but the actual number of units that are actively in-use differs from the total registered units.
More than 30% of the registered trucks are added during the past ten years. Out of the total drive units of 496,057 units, more than 160,000 units were added between 2009 to 2018. As significant number of trailers and tractor units were added in the past four to five years, there is an increase in the active in-use fleet.
mexico road trend 2

Competitive Landscape

Mexican road freight market houses many larger companies that have greater access to capital to buy new trucks, communication equipment, and managerial sources, charge higher rates and do not contend with the same level of competition as smaller operators.
Larger firms provide services based on long-term contracts. They manage the majority of the NAFTA transborder market and the most profitable routes, possess a good reputation and quality of service. Trailers are relatively scarce. Shortcomings on hauls to central and southern Mexico exist.

Table of Contents


    1. 1.1 Study Assumptions and Market Definition

    2. 1.2 Scope of the Study




    1. 4.1 Freight Transport

    2. 4.2 Freight Forwarding

    3. 4.3 Warehousing

    4. 4.4 Value-added Services


    1. 5.1 Market Overview

    2. 5.2 Demand and Supply Analysis

    3. 5.3 Spotlight on Freight Rates

    4. 5.4 Insights on Operating Costs

    5. 5.5 Insights on Fuel Costs

    6. 5.6 Insights on In-use Tractor Trailers


    1. 6.1 Drivers

    2. 6.2 Restraints

    3. 6.3 Opportunities


    1. 7.1 Manufacturing and Automotive

    2. 7.2 Oil and Gas, Mining, and Quarrying

    3. 7.3 Agriculture, Fishing, and Forestry

    4. 7.4 Construction

    5. 7.5 Distributive Trade

    6. 7.6 Other End Users (Telecommunication and Pharmaceuticals)


    1. 8.1 Overview (Market Concentration and Major Players)

    2. 8.2 Company Profiles

      1. 8.2.1 Alianza Trayecto

      2. 8.2.2 Grupo Traxion

      3. 8.2.3 Autotransportes de Carga Tresguerras

      4. 8.2.4 Transportes Castores de Baja California

      5. 8.2.5 Transportes Marva

      6. 8.2.6 Fletes Mexico

      7. 8.2.7 Grupo TUM

      8. 8.2.8 Transportes Monroy Schiavon (TMS)

      9. 8.2.9 Grupo Nor y Caribe

      10. 8.2.10 Transportes de Carga FEMA SA de CV

      11. 8.2.11 Transportes Orta SA de CV

      12. 8.2.12 Landstar System Inc.

      13. 8.2.13 Ryder System Inc.

      14. 8.2.14 DB Schenker

      15. 8.2.15 C. H. Robinson

    3. 8.3 Other Companies


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Frequently Asked Questions

The Mexico Road Freight Transport Market market is studied from 2016 - 2026.

The Mexico Road Freight Transport Market is growing at a CAGR of 6.56% over the next 5 years.

Alianza Trayecto, Grupo Traxión, Autotransportes de Carga Tresguerras, Fletes México, Grupo TUM are the major companies operating in Mexico Road Freight Transport Market.

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