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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