Mexico Freight and Logistics Market – Growth, Trends, COVID-19 Impact, and Forecasts (2021

The Mexico freight and logistics market is expected to witness a CAGR of 10. 53% during the forecast period. In Mexico, as in many other countries, the road network is the most widely used transport infrastructure, given the flexibility it gives the movers load and its large size, allowing services door-to-door delivery.

New York, July 20, 2021 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Mexico Freight and Logistics Market – Growth, Trends, COVID-19 Impact, and Forecasts (2021 – 2026)” – https://www.reportlinker.com/p06106020/?utm_source=GNW
The national road network in México had a total length of around 408 thousand kilometers, from which approximately 178 thousand kilometers were rural roads and 133.7 kilometers were state roads. It has integrated freeways, highways, roads, and trails that allow connectivity between almost all locations in the country. In 2019, Mexico had more than 954,000 heavy vehicles for general cargo transportation and nearly 145,000 vehicles dedicated to specialized cargo transportation. In the first four months of 2019, the number of freight transportation companies in Mexico increased 4.7% compared to the same period the previous year, according to the data from Mexico’s Ministry of Communications and Transportation (SCT) given the conducive environment of increasing U.S.A. Mexico trade relations.

Key Market Trends
Healthy Trade Relations between US and Mexico

U.S. goods and services trade with Mexico totaled an…