If you participate in shipping in Mexico at all, you know that many recent factors are affecting both cross-border and intra-Mexico shipping. These influencers include—but are not limited to—capacity imbalances, border congestion, and new regulations from the new political administration.
Through the rest of 2021, supply chain analysts expect the growing demand for transportation to outstrip the available supply of trucks.
If you’ve been in the transportation and logistics industry as long as I have, you know there are always ebbs and flows to supply and demand. Right now, analysts* forecast truckload volume to increase 8% to 12% in 2021. The supply growth of Class-8 tractors is expected to expand only ~1% in the first half [...]