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 805 Corp - Ports 909 Corp - Shipping 1026 Materials - Chemicals 273 Mexico 928 Mode - Containerized 1524 Mode - Rail 120 Mode - Seaborne 1845 Mode - Truck 75 U.S. 5399

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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