Chile Freight and Logistics - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2025 - 2030)

Rising e-commerce domestic and international parcel volumes along with infrastructure investment leading the market growth

• In March 2023, Maersk, in Latin America, opened 3 new warehouse locations in Santiago, Chile. These additions span a combined area of over 195,000 sq. m along the West Coast. The Buenaventura facility, covering 24,900 sq. m in Quilicura, strategically positioned in the north, offers convenient access to highways and the airport. The La Vara (10,500 sq. m) and San Ignacio (6,520 sq. m) facilities in San Bernardo are close to major retailers' distribution centers, enhancing client accessibility and operational flexibility. These sites prioritize sustainability, incorporating features like rail integration, lithium battery-powered forklifts, and LED lighting.
• With the Chilean government's push for sustainable aviation fuels (SAF), major players in the aviation sector, including LATAM Cargo Chile and UPS, have embraced SAF for their cargo deliveries. The air cargo segment is witnessing a surge, with notable additions of new freighters. LATAM Cargo ramped up its freighter flights from Huntsville International Airport in Alabama, increasing the weekly frequencies from one to three. Avianca, the region's second-largest cargo carrier, planned to introduce 2-4 Airbus A330 freighters, aiming to bolster its capacity by up to 70% by 2024, bolstering its freight operations.

Chile Freight and Logistics Market Trends

Recovering transport and storage GDP with future growth prospects supported by government infrastructure plans

• In May 2024, Chile's Ministry of Public Works (MOPW) outlined a plan for all government tenders from 2024 to 2028. The plan includes 43 projects worth a total of USD USD 17.6 billion. The main focus is on 24 projects set to be completed by March 2026, costing nearly USD USD 15.6 billion, about 4% of Chile’s GDP. These projects cover road concessions, prison infrastructure, the Los Andes customs facility, and railway developments in Valparaíso and Santiago. The largest project is a USD USD 3.8 billion railway development in Santiago.
• The "Chile Over Rails"initiative encompasses a comprehensive plan comprising 27 projects to be implemented by 2027, with a combined investment of USD 5 billion. These projects aim to modernize passenger and freight railway infrastructure managed by the Chilean Railways Company, Empresa de Ferrocarriles del Estado (EFE). The overarching objective is to triple annual ridership to 150 million passengers and double the freight transportation volume by 2027. Among these projects is the Alameda (Santiago) Melipilla Railway, which entails a USD 1.5 billion investment for a 37-mile track extension, anticipated to be finalized by 2025.

Chile proposes mitigating fuel hikes by doubling stabilization fund to USD 1.5 billion

• In April 2024, Chile announced plans to begin producing sustainable aviation fuel (SAF) at a large-scale plant by 2030, aiming to meet half of its aviation fuel needs with SAF by 2050. The fuel will be made from oils, fats, and biological and municipal waste. With air traffic expected to double by 2040, SAF is crucial for Chile to achieve its decarbonization goals. SAF can be blended with conventional jet fuel to reduce emissions by up to 80% without requiring engine modifications.
• In April 2024, the Chilean Ministry of Energy rolled out the Green Hydrogen Action Plan 2023-2030, detailing 81 initiatives to boost the green hydrogen sector and its offshoots. The plan envisions a major shift in Chile's energy consumption by 2050. A key highlight is the anticipated drop in fossil fuel use, largely due to a surge in electrification, which is set to climb from the current 22% to an estimated 42% to 46% by 2050.

Chile Freight and Logistics Industry Overview

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