New Market Report: Mexico Freight Transport Report Q1 2015

From: Fast Market Research, Inc.
Published: Wed Feb 04 2015

Following energy sector reform Mexico will garner significant foreign investment. We remain optimistic toward Mexico's long-term growth outlook on the back of a booming manufacturing sector, an increasingly strong private consumer and favourable demographics. We forecast real GDP growth of 3.7% in 2015, up from 2.6% in 2014.

We expect real private consumption growth in Mexico to accelerate. After slowing from 3.0% year-on-year (y-o-y) in H113 to 1.4% y-o-y in H114, we forecast real private consumption growth of 3.7% in 2015. New taxes on several consumer goods that took effect on January 1 2014 weighed on private consumption in the first half of the year. However, consumer confidence has been improving, signalling that the effects of the tax hikes are receding.

Mexico's booming manufacturing sector, increasingly strong private consumption and favourable demographics suggest that it is well placed to see solid economic expansion. We forecast robust 4.1% average real GDP growth over the coming decade. We expect Mexico's oil sector to become an increasingly important driver of growth following energy sector liberalisation in December 2013.

Full Report Details at

Headline Industry Data

* Air freight tonnes forecast to grow 2.6% in 2015, to reach 109,140 tonnes.
* Road freight tonnes forecast to grow 2.4% in 2015, to reach 541.16mn tonnes.
* Rail freight tonnes forecast to grow 3.5% in 2015, to reach 119mn tonnes.
* Port of Manzanillo total tonnage growth in 2015 is forecast to hit 7.2%, to reach 32.8mn tonnes.

Key Trends And Developments: FedEx: Mexico Key To Realising LATAM Strategy

The strong demand for US imports to Mexico will drive revenue growth for US logistics operator Federal Express (Fed Ex) as components of its Latin America ground and air expansion plan, which came online in 2013 and 2014, begin to pay dividends. We hold this view despite a year-on-year revenue tonne-mileage decline in its air cargo wing FEDEX Express in the first seven months of 2014.


The Mexico Freight Transport Report has been researched at source, and features latest-available data covering commercial transport and logistics by road, rail, air and water; industry forecasts, company rankings covering leading national and multinational operators; and analysis of latest industry trends, opportunities, projects and regulatory changes.

Business Monitor International (BMI)'s Mexico Freight Transport Report provides industry professionals and strategists, sector analysts, investors, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the Mexican freight transport and logistics industry.

Key Benefits

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