MSC Capitalizes on Trucking Costs and Complexity for Mexican Maritime Growth — Panjiva
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MSC Capitalizes on Trucking Costs and Complexity for Mexican Maritime Growth

Consumer Staples 774 Corp - Ports 893 Corp - Shipping 991 Materials - Chemicals 254 Mexico 896 Mode - Containerized 1489 Mode - Rail 119 Mode - Seaborne 1818 Mode - Truck 75 U.S. 5347

The increase in trucking costs and intermodal complexity in shipping from Mexico to the U.S. by land is pushing more Mexican exporters to use maritime freight. Seaborne shipments increased 30% in the 3 months to July 31 on a year earlier though a significant opportunity remains. Seaborne freight accounted for just 5% of total containerized exports vs. 75% for trucks and 18% for rail. The container-lines that have done best so far include MSC (20% higher) and Hapag-Lloyd (12%). The biggest opportunities for displacing rail and truck transport probably relate to shipments to the northeast ...

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