The heavy vehicle market in Mexico showed contrasting behavior during August 2026. Wholesale sales continued in positive territory , while retail sales again registered a decline compared to the same month in 2025.

According to the Statistical Bulletin of the National Association of Bus, Truck and Tractor-Trailer Producers (ANPACT) , during the eighth month of this year, two thousand 719 units were sold wholesale , a growth of 15.8% compared to the two thousand 348 of August 2025.

With this result, between January and August wholesale sales reached 19,956 vehicles , a figure 7.0% higher than the 18,654 units sold during the same period last year.

The cargo segment sold 2,380 units wholesale during August 2026, a 22.5 percent year-over-year increase . Among the fastest-growing categories were Class 7 , with a 145.5 percent increase , followed by Class 8 at 92.8 percent , while fifth-wheel tractors saw a 17.3 percent increase . In contrast, Classes 4 and 5 declined by 29.6 percent and 25.0 percent, respectively.

In the January-August period of 2026, cargo totaled 16,992 units , a 7.3 percent increase . However, fifth-wheel tractor-trailers saw a 10.5 percent decline , with 7,688 units compared to 8,592 during the same period in 2025. Class 8 trucks, on the other hand, accumulated a 24.2 percent increase .

Passenger traffic showed a different pattern in the wholesale channel. During August, 339 units were sold , 16.3% fewer than in 2015. Class 7 sales grew by 161.6% , while Class 8 sales fell by 75.9% , and intercity buses declined by 5.7% . Year-to-date, the segment totaled 2,964 units, an increase of 5.2% .

Retail maintains the contraction

Retail sales continued their downward trend during August 2026. Two thousand 888 vehicles were sold during the month , a decrease of 8.9% compared to the three thousand 171 units sold in August 2025. In the January-August period, the market totaled 21 thousand 622 units , 19.0% less than the 26 thousand 685 sold during the same period last year.

ADVERTISEMENT

Retail sales of cargo trucks reached 2,487 units in August of this year, a year-over-year decrease of 3.5 percent . Class 6 trucks advanced 15.8 percent , Class 8 trucks grew 9.4 percent , and Class 5 trucks increased 3.7 percent . In contrast, fifth-wheel tractors declined 11.2 percent , Class 7 trucks fell 14.3 percent, and Class 4 trucks declined 12.8 percent.

Overall, cargo sales continued to decline by 16.2% , with 18,643 units sold. Fifth-wheel tractor-trailers remain among the most affected segments, contracting by 27.5% , falling from 11,807 units between January and August 2025 to 8,557 in the same period of 2026.

Passenger sales also failed to reverse the trend in the retail channel. During August 2026, 401 units were sold , 32.4% fewer than in 2025. Class 8 saw a 57.6% drop , while Class 7 decreased by 31.1% . Intercity buses declined by 2.4%, and Classes 5 and 6 fell by 6.7%.

Between January and August of this year, retail passenger sales contracted by 32.8% , with 2,979 units sold. Intercity buses saw a 25.0% decrease , and Class 8 buses registered a cumulative decline of 59.9% .

August’s results confirm the difference between the two channels: wholesale has accumulated growth of 7.0%, while retail remains 19.0% below its 2025 projection . In freight, Class 8 showed strong monthly growth in wholesale, while fifth-wheel tractors experienced double-digit declines in both wholesale and retail sales

Comment and follow us on LinkedIn:  @Karina Quintero  /  @GrupoT21

El cargo Wholesale sales of heavy goods continue to advance in August; retail sales continue to decline apareció primero en T21.

Comment and follow us on LinkedIn:  @Karina Quintero  /  @GrupoT21

El cargo Second Government Report focuses on freight transport apareció primero en T21.

APM Terminals Mexico closed the first half of 2026 with a 35% year-on-year growth in container traffic at its Lázaro Cárdenas terminal , while its Yucatán operation exceeded 41,000 TEUs (20-foot containers), at a time when both facilities are undergoing modernization processes and the company is advancing in the electrification of its port operations.

Between January and June, APM Terminals Lázaro Cárdenas moved 684,599 TEUs , compared to 508,506 registered during the same period in 2025, a difference of 176,093 TEUs that shows the increase in activity observed during the first six months of the year.

A significant portion of this volume was related to transshipment cargo . By the end of June, the terminal had accumulated 416,102 TEUs under this type of operation, equivalent to approximately 61% of all containers handled during the period.

This trend was also reflected in cargo directly linked to trade flows, with the movement of full containers increasing by 37% during the first half of the year. Both indicators demonstrate the increased volume being processed by the Lázaro Cárdenas facility and the continued importance of transshipments within its operational mix.

This growth is occurring in parallel with the modernization process that APM Terminals is developing in its Mexican operations, where automation, digitization and process improvement are part of the strategy to increase cargo handling capacity and sustain higher volumes.

In southeastern Mexico, the operation operates on a different scale. APM Terminals Yucatán handled 41,442 TEUs during the first six months of 2026, while the terminal modernization project continues.

The transformation of this facility is taking place within the context of the expansion of port infrastructure in Yucatán and seeks to prepare the operation to support a potential growth in the region’s trade and logistics flows.

Beatriz Yera , CEO of APM Terminals Mexico, linked the performance of the terminals to the investments that the company maintains in infrastructure and technology.

“The growth we are experiencing at our terminals reflects our ability to respond to customer needs and the evolution of international trade. Investment in infrastructure, automation, and technology, coupled with the talent of our employees, allows us to offer greater operational efficiency while contributing to the development of logistics ecosystems and the communities where we operate. We are convinced that generating shared prosperity also means fostering opportunities for talent and building long-term relationships that promote sustainable and inclusive growth,” the company stated in a press release.

In addition to the expansion and modernization of facilities, another front is beginning to transform port operations: the energy transition. In Mexico, APM Terminals is working on optimizing energy consumption , electrifying equipment and operations, and incorporating renewable energy sources, as part of its goal to achieve net-zero emissions by 2040.

Within this strategy, the Yucatan terminal has a particular role, as it was selected as one of three APM Terminals pilot facilities worldwide to implement new electrification solutions .

Thus, the balance of the first half shows two different moments within the company’s operations in Mexico: while Lázaro Cárdenas registers double-digit growth and a high participation of transshipments, Yucatán advances in a modernization process that will also serve as a testing ground for technologies aimed at electrifying and reducing emissions from port activity.

Comment and follow us on LinkedIn:  @GrupoT21

El cargo Lázaro Cárdenas and Yucatán set the pace for APM Terminals in Mexico apareció primero en T21.

Despite a challenging environment, Canadian Pacific Kansas City (CPKC) recorded a 4% growth in cargo volume and a 13% increase in revenue during the second quarter of 2026 (2Q26) compared to the same period in 2025.

“During the quarter, we set volume records in grains, energy, chemicals, plastics, and automotive. We also made progress on several important business initiatives that reinforce our long-term growth story,” said Keith Creel, president and CEO of CPKC.

He noted that the launch of Southeast Mexico Express, the continued growth of the Mexico Midwest Express service, the opening of another Americold facility from the port of Saint John in Canada, and the continued increase in traffic flow between Canada and Mexico have a positive impact on the railroad.

According to its second quarterly report, the railway company’s revenues totaled four billion 2 billion dollars (USD) , compared to three billion 7 billion dollars in the second quarter of 2025 (2Q25).

During the cycle, CPKC recorded record grain handling revenue, with a 24% increase in income compared to a 19% volume growth. Canadian grain volumes rose 24%, driven by a record harvest and continued growth in markets such as Mexico.

Meanwhile, exports from the United States increased by 14%, also driven by strong demand for Mexico and Pacific Northwest markets.

Meanwhile, in the automotive segment, revenues increased by 19% with an 8% volume growth , representing another record quarter.

“Growth was driven by the acquisition of new businesses and the extension of journey lengths, as the sector continues to be a compelling example of the value of our three-country network,” the company emphasized.

For intermodal, revenue increased by 11% with stable volumes . Domestic intermodal saw a 3% increase in the quarter. “We are encouraged by the initial success of our SMX service with CSX, with volumes increasing by more than 30% since the first quarter,” he said.

“We are seeing signs of improvement in truck-to-rail conversion opportunities, supported by higher fuel prices, stricter enforcement of regulations, and reduced trucking capacity. Both our MMX and SMX services are well-positioned to capitalize on these favorable market dynamics,” said John Brooks, EVP & Chief Marketing Officer of CPKC.

Meanwhile, potash revenues rose 10% year-on-year  against a 2% drop in volume, reflecting the impact of port maintenance and lower mining production.

Revenue from forest products increased by 2% despite a 2% decrease in volume, while the metals, minerals and consumer products segment advanced 16% annually with a 7% growth in volume.

Comment and follow us on LinkedIn:  @GrupoT21

El cargo CPKC reports increased volume and revenue in the second quarter of 2026 apareció primero en T21.

In the second quarter of 2026 (2Q26),  Fomento Económico Mexicano (FEMSA)  obtained revenues of 231 billion 002 million pesos (mdp) , which meant an increase of  9.3%  compared to the same period in 2025, driven by growth in Coca-Cola FEMSA, OXXO Mexico, Americas and Mobility, and Health, partially offset by a decrease in Europe.

“During the second quarter, we achieved solid results, reflecting encouraging performance at OXXO Mexico and sustained momentum in many of our retail operations , while Coca-Cola FEMSA navigated a still challenging environment caused by weak consumer demand and increases in excise taxes in Mexico, which was more than offset by strong performances in South America,” said Jose Antonio Fernández Garza-Lagüera, CEO of FEMSA.

According to its operational and financial results report, the company detailed that its  operating cash flow (EBITDA)  was 33,340 million pesos , an increase of 12.7% compared to the figure for the same period last year.

Meanwhile, gross profit in Q2 2026 was 92,611 million pesos , 7.8% higher than in the second quarter of 2025 (Q2 2025).

“The gross margin would have contracted by 20 basis points, from a base of 40.3% for the second quarter of 2025. On a like-for-like basis, which considers currency effects and the consolidation of OXXO Brazil, gross profit increased by 8.8%,” the firm explained.

During the period, FEMSA’s operating profit totaled 19,110 million pesos , an increase of 7.2% compared to Q2 2025, driven by growth in Coca-Cola FEMSA and OXXO Mexico, “partially offset by decreases in Americas and Mobility, Europe, and Health.”

OXXO Mexico’s total revenue grew 11.8% and operating profit increased 12.3% compared to Q2 2025. Meanwhile, Spin by OXXO had 11.5 million active users, a 22.1% increase compared to the second quarter of last year.

“It’s worth highlighting OXXO Mexico’s quarter, which achieved double-digit revenue and profit growth and, importantly, a return to positive growth in customer traffic after several quarters of decline. While the World Cup made a positive contribution during the quarter, we believe there was an additional boost resulting from better execution across the country of commercial initiatives focused on key categories to increase traffic,” the executive emphasized.

Coca-Cola FEMSA’s total revenue increased 4.7% and operating profit rose 9.1% year-on-year.

Regarding its results in the first half of 2026 (1H26), total revenues were 438,695 million pesos , 7.8% more than in the same period of 2025.

“Revenues were driven by growth in Coca-Cola FEMSA, OXXO Mexico, Americas and Mobility, and Health, partially offset by a decline in Europe. Revenues reflected a net negative foreign exchange effect due to the appreciation of the Mexican peso against other currencies; as a result, revenues grew 9.3% on a like-for-like basis,” the company stated in its report.

FEMSA’s gross profit was 176.666 billion pesos, representing a 7.3% increase compared to the same period last year. In its earnings report, the company indicated that its operating profit was 33.421 billion pesos in the first six months of 2026, a 6.5% year-over-year increase, driven by growth at Coca-Cola FEMSA and OXXO Mexico. EBITDA was 61.455 billion pesos, a 12.1% increase compared to the first half of 2025.

“Looking ahead, and despite continuing to face a weak consumer environment in Mexico that no longer has the boost of the World Cup, we view the current trajectory in most of our business units favorably, and we are cautiously optimistic about the second half of the year, although we anticipate that it may be more moderate,” said the CEO of FEMSA.

Comment and follow us on LinkedIn:  @GrupoT21

El cargo Retail drives FEMSA’s revenue in Q2 2026 apareció primero en T21.

The  Association of American Railroads (AAR) reported a 9.8% increase in freight movement between Mexico and the United States during the first 27 weeks of 2026 compared to the same period in 2025.

According to the agency, the accumulated volume on Mexican railways during that period was 700,187 railcars and containers, as well as intermodal trailers .

In that sense, intermodal had a growth of 15.5%, grains registered an increase of 12.2%, while vehicles and parts increased 9.5% year-on-year.

Conversely, the AAR detailed that four segments experienced declines: coal; forest products; oil and its derivatives; and other products with 98.9%, 14.8%, 11.8% and 14.9%, respectively, compared to the same period last year.

He detailed that Mexican railway companies reported 14,182 loaded railcars in the week ending July 11, an increase of 24.6% compared to the same period in 2025, and 14,082 intermodal units , which meant an annual increase of 55.4 percent.

Comment and follow us on LinkedIn:  @GrupoT21

El cargo Full steam ahead! Rail freight between Mexico and the US is growing: AAR apareció primero en T21.

The impact is no longer new, but it is more profound. After weeks of diesel price increases , the freight transport sector is beginning to feel not only the rise in costs, but also a more complex imbalance: falling tariffs, stifled demand, and an international environment that continues to put pressure on the energy market.

The global context has set the tone. The rise in crude oil prices, driven by the conflict in the Middle East, led to diesel price increases of nearly 10% nationwide in a matter of weeks , in a country where dependence on imports remains crucial. But on the ground, the reality is more straightforward: profit margins are shrinking.

Currently, diesel is priced at around 28.5 pesos per liter nationwide , with some regions already exceeding 29 pesos.

“With the increase in diesel prices, they are killing us,” said Martín González Márquez, commercial manager of  Transport Martin .

The trend had already been developing. Throughout 2025, diesel prices showed an upward trajectory , with a more pronounced increase toward the end of that year and the beginning of 2026, reflecting the accumulated pressure on transportation operating costs. The problem is not just the increase itself, but how it is absorbed.

In practice, the sector operates under two models: companies that partially absorb the impact to maintain competitiveness and others that pass it on directly to the end customer. However, both models face limitations.

“The carrier cannot absorb it… we have to index the increase in diesel to the tariff,” explained Fernando Chacón, general director of Setramex .

He added that negotiations are no longer general but rather case-by-case with each client, in an environment where volatility complicates any immediate adjustments . Passing on the cost is inevitable, but not immediate.

“You pass on the increase… and at the end of the day, the end consumer is the one who ends up paying,” agreed Bernabé García González, general manager of Altamira Logística de Carga .

However, the gap between the fuel price increase and the tariff adjustments is what is currently causing the greatest financial pressure on companies. This is compounded by an even more adverse environment.

“Rates are going down and diesel is going up… it’s unsustainable,” warned Benjamín Barrera Muñoz, commercial director of Santa Fe de Guanajuato Express .

In this scenario, diesel is not just another input: it’s the main operating cost for transportation , and any variation directly impacts profitability. Beyond the short term, the effect is already spreading throughout the entire supply chain.

The increase in fuel prices not only puts pressure on transporters, but also anticipates adjustments in the price of goods, in a domino effect that is beginning to be reflected in different sectors of the economy.

Meanwhile, the sector remains attentive to decisions from the federal government, as today (March 26), during the morning press conference at the National Palace, an announcement is expected regarding a support package for the trucking industry , the scope of which is still to be detailed, but which generates anticipation about the price of diesel at a key moment for the industry.

For now, the transportation sector is beginning to reconfigure its operations amid more complex negotiations, narrower margins, and decisions that, in many cases, define the viability of the business in the short term.

Comment and follow us on LinkedIn:  @Karina Quintero  /  @GrupoT21

El cargo Diesel puts pressure on trucking: tariffs, costs and decision-making under strain apareció primero en T21.

The growing geopolitical tension in the Middle East, which has forced the blockade of the Strait of Hormuz, opens a window of opportunity for nearshoring in the Cali-Baja region , which, being close to the United States, the world’s largest consumer market, can be an option for various industries that still have part of their production in Asia.

“This could be an opportunity to position Cali-Baja and Mexico as relocation centers, since our geography continues to help us a lot to bring all the supply chain closer to the production points and finally to the consumption points,” said Bertha Martínez, coordinator of the Bachelor’s Degree in International Logistics at CETYS University Campus Mexicali .

In an interview with T21, the specialist explained that the crisis in Hormuz is accelerating the need to regionalize supply chains , to make them more centralized and less fragmented, given the uncertainty that prevails in world trade.

“Supply chains are no longer focused so much on costs; they must focus on resilience, on the ability to resolve unforeseen events in times of uncertainty , when they become fragile and inflection points begin. Perhaps what makes us most vulnerable right now is what can ultimately make us stronger,” Martínez explained.

In this context, the Cali-Baja region becomes an attractive point for companies that are looking to diversify their supply and logistics routes to reduce their dependence on critical or strategic blocks.

Cali-Baja, which encompasses San Diego and Imperial counties in the United States and Baja California in Mexico, is one of the most important areas for the process of reconfiguring supply chains in North America.

According to the  Binational Trade & Competitiveness Report 2025 , prepared by the  World Trade Center San Diego , 30% of the foreign value added present in U.S. exports comes from Mexico and Canada , reflecting the integration of the three countries in North American supply chains.

One of the trends that companies are implementing to anticipate disruptions is inventory planning , as they seek to strengthen their stock , but not at the point of sale, as traditionally happens.

“We are now seeing inventories as fragmented around the world; they are being established as safety stockpiles in different locations so that when there are routes that cannot be accessed or points that cannot be considered for operation at that moment, they can be moved to other places,” he pointed out.

Martínez considered that Cali-Baja could have an advantage in that situation, since its geographical location makes it a strategic area.

“It could be a kind of hub where companies could locate their inventories in case of any disruption or crisis at a global level, so that companies have these safety stocks,” he noted, emphasizing that this could accelerate the arrival of investments to Baja California.

In 2025 alone, Baja California attracted 1.892 billion dollars, placing it in fourth position nationally, according to data from the Ministry of Economy (SE) .

Crisis in Hormuz triggers logistical costs

The crisis in the Strait of Hormuz has caused an increase in the price of gasoline and diesel in the United States, fuels essential for the cross-border transport of goods.

“They’ve already seen price increases; for example, the price of gasoline in the Los Angeles, California area has risen by almost 70 cents per gallon, which is quite significant. The same has happened with diesel. The price is between five dollars and 5.30 dollars per gallon in Southern California,” Martínez explained.

Data from the American Automobile Association (AAA) indicates that diesel has increased by 34% compared to the price recorded before the conflict between the United States and Israel against Iran, representing the largest increase in more than three years.

The increase in fuel prices in the United States is impacting logistics costs, because they directly affect inputs in this sector, which has also led to an increase in freight prices , due to the integration of supply chains between Mexico and the United States.

The logistics specialist commented that in California, these supplies are more expensive than in other states in the neighboring country to the north. “The cost structure in the logistics sector, due to fuel and diesel prices, is already being affected. Carriers are beginning to see these changes and are starting to be more strategic in their supply chains.”

According to the United Nations Conference on Trade and Development (UNCTAD) , the transit of ships through the Strait of Hormuz, through which approximately a quarter (25%) of the world’s maritime oil trade passes, has registered a drastic drop of 97% in daily transits.

Despite this, global supply chains are shifting from cost efficiency to risk management. In this context, Cali-Baja emerges as one of the best-positioned regions to capitalize on a current situation affecting various economic blocs worldwide .

The second edition of ETYL Cali-Baja (Transport and Logistics Meeting) will take place on May 14th.  This forum, organized by Grupo T21 , will bring together industry leaders and nearly 200 attendees at the Real Inn Hotel in Tijuana. Through four panels, specialists will analyze the  challenges and opportunities in the binational logistics context and its impact on supply chains .

Comment and follow us on LinkedIn:  @Humberto Cruz Moya  /  @GrupoT21

El cargo Cali-Baja, an opportunity for nearshoring amid the crisis in the Strait of Hormuz apareció primero en T21.

Charging infrastructure, incentives, accessibility, and energy generation are essential factors for the development of electromobility in Mexico, specialists agreed during the panel ” Connectivity and Electric Charging Infrastructure: Opportunities and Innovations that Drive Electromobility ,” within the framework of  Latam Mobility North America 2026

At the event, which took place in Monterrey, Nuevo León, Tonatiuh Anzures, Director of Government Affairs for DiDi Mexico , stated that in the transition to electromobility, the cost of the vehicle must be accessible, as well as having incentives for the construction of charging infrastructure .

He emphasized that, according to the Electro Mobility Association (EMA) , there are currently 53,000 private charging stations in the country, compared to almost 4,000 public ones.

“If we think about the challenge of the energy transition, we have to achieve a clearer and more fluid operation in the generation of energy needed for all charging stations and make electric vehicle charging stations a reality,” he emphasized.

For his part, Roberto Rocha, co-founder of VEMO , agreed that the price of vehicles “must be correct,” since it is a determining factor for the growth of the industry.

“We have to consider the tariffs. We’re going to allow companies to invest in charging plants, which would generate jobs, but we need to ensure access to fair prices. As for the charging infrastructure, it would be advisable to make it faster,” he stated.

Similarly, he considered that although they are carrying out actions to accelerate recharging, such as the installation of solar panels, generation points are required close to the areas where they are needed.

He also commented that connectors are an issue that needs to be addressed in the short term, and added that, beyond education, work must be done on standardizing these components.

“In other regions you have one or at most two, and in Mexico there are four types, including one that isn’t designed for North America. Everyone in the electromobility sector should push towards a single connector or at most two. Having several creates problems for the user,” he explained.

He recalled that the company partnered with Organización Soriana , which has more than 800 safe and accessible stores nationwide, where charging points were installed.

For his part, Pablo Bernal, Automotive & Energy Solutions Engineer at Keysight Technologies , pointed out that the implementation of sodium batteries will allow for a decrease in costs both in those used by vehicles, as well as in stationary storage.

“In terms of regulations and operability between standards, there is a lack of education for the general public regarding the existing protocols, and they need to know that if they are going to buy a vehicle with a certain charger, they must understand the limitations,” he stressed.

Ana Acedo Tamayo, CEO of VoltDeo , reiterated that interoperability is essential to guarantee an ecosystem that allows, among other things, easy access to chargers , which will improve the user experience and “therefore generate more promoters and add more people who want to migrate to more electric vehicles.”

Comment and follow us on LinkedIn:  @Evangelina del Toro  /  @GrupoT21

El cargo Charging infrastructure and accessibility would boost electromobility in Mexico apareció primero en T21.

Walmart de México y Centroamérica (Walmex) reported  net sales of  280 billion 982 million pesos (mdp) in the fourth quarter of 2025 (4Q25), driven by an increase in the purchase ticket, which meant a growth of 3% compared to the same period of 2024.

Despite weak consumer spending in the country, the retailer indicated that it obtained a  gross profit  of 67,944 million pesos in the cycle , a 4.6% increase compared to the fourth quarter of 2024 (4Q24), when it was 64,982 million pesos.

In its results report sent to the  Mexican Stock Exchange (BMV) , Walmex indicated that its operating cash flow  or EBITDA was 29,595 million pesos in Q4 2025 , an increase of 8.1% over the same period in 2024.

In contrast, the firm’s net profit fell 3.9% to 14.6 billion pesos, while operating profit increased by 8.5% , reaching 23.317 billion pesos in the same period.

“As 2025 comes to a close, I want to thank our associates in Mexico and Central America. We remain focused on our three non-negotiables: everyday low prices, product availability, and accelerating e-commerce ,” said Cristian Barrientos, CEO and Managing Director of Walmart Mexico and Central America.

In Mexico, total revenues grew by 4.9%, reaching  237,314 million pesos in the period compared to 226,168 million pesos in the same cycle but in 2024; EBITDA was 25,489 million pesos, an increase of 10 percent.

In turn,  total revenues in Central America amounted to 45,535 million pesos , which meant an increase of 6.2% in Q4 2025, while EBITDA was 4,106 million pesos, an increase of 2.6 percent.

Walmart de México y Centroamérica stated that Bait , its telephone service, reached  26.4 million active users  in the period October-December 2025.

The retailer opened 102 new stores in Mexico and 13 in Central America in Q4 2025, bringing its total to 4,265 units.

Regarding the 2025 results, the company’s consolidated revenues registered an increase of 5.6%, while EBITDA showed an increase of 3.4% with 103,447 million pesos.

“We know what we need to do, we have clear priorities, and we will accelerate the speed at which we are moving. I am confident that this focus on fundamentals is strengthening our company and preparing us to accelerate our performance,” Barrientos emphasized.

Comment and follow us on LinkedIn:  @GrupoT21

El cargo Growth in average purchase value drives Walmart sales in Q4 2025 apareció primero en T21.