Long-Distance Freight Trucking in Mexico - Industry Market Research Report

Going the distance: Industry revenue is expected to increase as a result of declines in oil prices<br>

Long-Distance Freight Trucking in Mexico
Over the five years to 2019, the Long-Distance Freight Trucking industry in Mexico has expanded as a result of increased cross-border trade activity and the country's continued role as the manufacturing powerhouse of North America. Favorable economic conditions brought about by low interest rates, rising capital markets and increasing consumer income levels have bolstered consumer consumption both domestically and in the United States. As overall consumption levels have increased, demand for long-distance freight trucking services has exhibited relatively consistent growth during the current period. The leading driver of this growth is the volume of total exports, which has risen substantially since 2014. Overall, industry revenue is anticipated to increase over the five years to 2019. Over the five years to 2024, industry revenue is forecast to continue rising, albeit at a slower rate. Tempered export activity and lackluster global economic growth expectations are projected to influence the industry's performance over the next five years. Operators in this industry handle various commodities, usually palletized and transported in containers or van trailers. Establishments typically provide trucking between metropolitan areas and regions that may cross North American country borders. The industry includes establishments operating as truckload and less-than-truckload carriers. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.