Optimization of land freight: Challenges and Trends for 2024
In the world of supply chains, optimization emerges as a constant challenge for ground freight companies looking to focus on their products, strategies and expansion. Harmony and visibility in this process require measurable data, efficient communication and a clear understanding of all its aspects.
Comprehensive Visibility in the Supply Chain: Beyond Freight Location
Traditional visibility involves tracking the location of cargo at any time, but today, it has expanded to a deeper understanding that includes supply, demand, inventory, crisis management and waste prevention in the warehouses. land freight. These elements combine to provide brands with a global vision that facilitates informed decision making.
Logistics Trends for 2024
- Data Aggregators: The use of software that collects data from various sources becomes essential for land freight transportation companies that are dedicated to freight in resolving contingencies or making decisions. Some platforms integrate predictive data generated by artificial intelligence, improving the estimation of shipment arrivals.
- Rise of Outsourcing: The global third-party logistics (4PL) market was valued at $57.9 billion in 2021, signaling that more land freight transportation companies will opt for logistics outsourcing, entrusting this function to specialized experts dedicated to freight and services.
- Logistics as Strategy: Logistics is expected to become a strategic asset for transportation companies, generating advantages in customer experience, financial performance and compliance with environmental, social and governance objectives in the national transportation field.
- Greater Customization: The industry is oriented towards personalized production, allowing transport companies to produce on demand, in smaller quantities and locally.
- Technological Growth: The increase in e-commerce and logistics will drive closer management of raw materials, which means that transport companies will need to expand their visibility to that part of their supply chain and shipment of merchandise.
Demanding Consumers and Futuristic Technology
Technology, especially artificial intelligence (AI), will play a central role in the future visibility of national land transportation. It becomes crucial that online supply chain management platforms offer real-time tracking, reporting and notifications, meeting consumer demands.
Outlook for Mexico in 2024: Strategic Developments and Challenges in Land Freight
Isthmus of Tehuantepec and Interoceanic Corridor
The international focus is on Mexico with the opening of the interoceanic canal in the Isthmus of Tehuantepec. This dry rail corridor connects the Pacific with the Atlantic, seeking to attract investment and establish itself as a strategic route for trade between Asia and the east coast of the United States.
Black Swans: Crisis in the Panama Canal and Conflicts in the Red Sea
The risk of unexpected events, called “Black Swans”, is seen with the water crisis in the Panama Canal due to climate change. Furthermore, constant attacks in the Red Sea pose a threat to the Suez Canal route, significantly affecting international trade.
Nearshoring and Trade Consolidation with the US.
Mexico, overtaking China as the US's main trading partner, is experiencing a boom in attracting foreign direct investment. With the 80% of Mexican exports destined for the United States
The consolidation of nearshoring is evident. However, the challenge arises of actively promoting foreign markets to continue attracting investment.
The innovative framework of Land Freight in Mexico
In the positive macroeconomic context, innovation and resilience are crucial to adapt to the challenges and unexpected changes in the logistics landscape that land cargo companies in Mexico will have to take into account. With 2024 on the horizon, logistics is presented as a dynamic sector that demands continuous adaptation and an innovative approach.
In conclusion, constant optimization in supply chains is essential for land freight transportation companies, who face challenges and take advantage of emerging trends. Comprehensive visibility, the use of data aggregators and logistics outsourcing are key aspects according to Maersk's predictions for 2024.
Ground freight companies: Border opportunities
For companies located in strategic borders like Tijuana, trends and challenges in the supply chain present unique opportunities. The opening of the Interoceanic Canal in the Isthmus of Tehuantepec opens a strategic route for trade between Asia and the east coast of the United States, positioning Tijuana as a key point for connectivity.
The rise of nearshoring and trade consolidation with the US reinforce Tijuana's position as a key trading partner, surpassing China in attracting foreign direct investment. Adaptation to logistics trends, such as customization in production and technological growth, allows border companies to stand out in the offer of efficient and personalized logistics services.
Conclusion:
Amid these changes, resilience and innovation are essential to adapt to logistical challenges. Looking ahead to 2024, the dynamics of the sector require continuous adaptation and innovation. The importance of land freight is highlighted as an essential component for efficiency and connectivity in these constantly evolving supply chains.
