Mexico Freight Transport Report Q1 2013: New Research Report Available At Fast Market Research

New Transportation market report from Business Monitor International: "Mexico Freight Transport Report Q1 2013"

by Bill Thompson

(WireNews+Co) - Boston, MA - 08 February 2013

While we remain optimistic toward Mexico's growth story over the medium-term, we foresee a slowdown in coming quarters as external demand moderates, feeding through to weaker consumer confidence and weighing on private consumption. We maintain our 2013 GDP forecast of 3.4% growth.

We expect slowing external demand will begin to weigh on the Mexican economy in coming quarters. Despite anticipating that 2013 will see a continued economic recovery for the US - Mexico's primary trading partner - pent-up demand for Mexican auto exports looks set to ease noticeably during the period, which could affect freight volumes. This will not only see net exports subtract more from headline growth in 2013, but we expect the resulting slowdown in Mexico's key manufacturing sector to feed through to weaker consumer confidence, tempering private consumption, with a knock on negative effect on demand for containerised goods.

View Full Report Details and Table of Contents (http://www.fastmr.com/prod/529429_mexico_freight_transport_report_q1_2013.aspx?afid=201) (http://www.fastmr.com/prod/529429_mexico_freight_transport_report_q1_2013.aspx?afid=201)

Headline Industry Data

- Rail freight tonnes forecast to grow 4.2% in 2013, with average annual growth of 4.7% during our forecast period to 2017.
- Road freight tonnes forecast to grow 3.0% in 2013, with average annual growth of 3.1% during our forecast period to 2017.
- Air freight tonnes forecast to grow 9.1% in 2013, with average annual growth of 8.9% during our forecast period.
- Port of Manzanillo total tonnage growth in 2013 is estimated to hit 6.4% growth to reach 28.8mn tonnes.

Key Trends And Developments

Highway Cargo Theft Costing US$9bn A Year

Rising cargo theft is having a serious impact on Mexico's road haulage sector.'Cargo transport theft on Mexico's highways caused a loss of US$9bn in 2009 and we can only suppose that this figure has increased significantly since then' said Mariana Tapia, consultant at think-tank Inteligencia Publica.

Thieves Derailing Freight Trains in Mexico

Rail theft continues to rise in some parts of Mexico as thieves develop new ways of stopping freight trains. Organised crime groups are carrying out thefts that have become a serious and costly issue for the two major railroad companies in the country, Ferromex and Kansas City Southern de Mexico (KCSM).

Construction Work Begins On Lazaro Cardenas Terminal 2

Netherlands-based container terminal operator APM Terminals formally started construction on the new Lazaro Cardenas Terminal 2 (TEC2) Pacific Coast deep-water terminal at the Mexican Port of Lazaro Cardenas in November.

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