
Mexico LTL Market: Forecast
Mordor Intelligence expects Mexico’s LTL market to register a compound annual growth rate of 5.4% between 2024 and 2030. What is LTL? It refers to
Mordor Intelligence expects Mexico’s LTL market to register a compound annual growth rate of 5.4% between 2024 and 2030. What is LTL? It refers to
The Mexican Business Council for Foreign Trade, Investment and Technology (Comce) proposed to Claudia Sheinbaum, virtual winner of the Presidency of Mexico, to make the
Novelis is projecting growth in worldwide demand for aluminum foil for automotive production. In particular, aluminum is expected to be in greater demand globally, due
Grupo Bimbo highlighted the opportunities offered by the nearshoring strategy in Mexico. Nearshoring involves a company transferring part of its operations or business processes, especially
China increased its share of light vehicle production worldwide, achieving a record high in 2023. After reaching an all-time high market share of 31.8% in
The super peso has influenced the growth of capital goods imports into Mexico after the Covid-19 pandemic. Among all currency quotes against the dollar, the
The competitiveness of Mexico‘s manufacturing sector has been reflected in the growth of Mexican automotive exports. After falling at a year-on-year rate of 16.8% in
The global airline industry will increase its profits from $23.3 billion in 2023 to $25.7 billion in 2024, predicts the International Air Transport Association (IATA).
Trade integration in Latin America and the Caribbean now has a new opportunity to take place with nearshoring, said Luz María de la Mora, former
Ternium announced in February 2022 the construction of new downstream facilities in Pesqueria, Nuevo Leon state, Mexico. The projects include a push-pull pickling line with
Mordor Intelligence expects Mexico’s LTL market to register a compound annual growth rate of 5.4% between 2024 and 2030. What is LTL? It refers to
The Mexican Business Council for Foreign Trade, Investment and Technology (Comce) proposed to Claudia Sheinbaum, virtual winner of the Presidency of Mexico, to make the
Novelis is projecting growth in worldwide demand for aluminum foil for automotive production. In particular, aluminum is expected to be in greater demand globally, due
Grupo Bimbo highlighted the opportunities offered by the nearshoring strategy in Mexico. Nearshoring involves a company transferring part of its operations or business processes, especially
China increased its share of light vehicle production worldwide, achieving a record high in 2023. After reaching an all-time high market share of 31.8% in
The super peso has influenced the growth of capital goods imports into Mexico after the Covid-19 pandemic. Among all currency quotes against the dollar, the
The competitiveness of Mexico‘s manufacturing sector has been reflected in the growth of Mexican automotive exports. After falling at a year-on-year rate of 16.8% in
The global airline industry will increase its profits from $23.3 billion in 2023 to $25.7 billion in 2024, predicts the International Air Transport Association (IATA).
Trade integration in Latin America and the Caribbean now has a new opportunity to take place with nearshoring, said Luz María de la Mora, former
Ternium announced in February 2022 the construction of new downstream facilities in Pesqueria, Nuevo Leon state, Mexico. The projects include a push-pull pickling line with
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