Rail freight in Mexico stood at 89.54 Billion Tonne Kilometers in 2023. The period from 2013 to 2023 showed steady growth with annual percentage increases, except for a notable decline in 2020. Over the last two years, the rail freight volume increased by 1.23% annually, while the 5-year compound annual growth rate (CAGR) was 0.37%. Moving into the forecast period, rail freight is anticipated to grow at a CAGR of 0.91% through to 2028, reaching 94.83 Billion Tonne Kilometers by 2028.
Future trends to monitor in the Mexican rail freight sector include:
- Infrastructure investments and improvements enhancing capacity and efficiency.
- Integration with intermodal transport to provide seamless logistics solutions.
- Environmental regulations potentially influencing transport preferences towards rail.
- Technological advancements in rail systems augmenting performance and reliability.
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