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


MSC Capitalizes on Trucking Costs and Complexity for Mexican Maritime Growth

Cons. Staples - Food/Beverages 395 Corp - Ports 661 Corp - Shipping 608 Materials - Chemicals 93 Mexico 505 Mode - Containerized 1005 Mode - Rail 66 Mode - Seaborne 1273 Mode - Truck 48 U.S. 3297

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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