In a logistics environment marked by economic and operational uncertainty, Ryder Mexico maintains its commitment to collaboration with carriers, technological integration, and security as strategic pillars to strengthen its supply chains, stated Ricardo Álvarez , vice president and general manager of the company in the country.

During a meeting with the media, the executive emphasized that transport management remains one of the most important components for the company, so maintaining a close relationship with its partners is key to ensuring operational continuity in the various industries it serves.

“The transportation management component is one of the most important for Ryder in Mexico. Close interaction with our partners opens doors to collaboration and joint work to continue managing supply chains in the country,” he noted.

Regarding sustainability , he indicated that Ryder is gradually moving towards the incorporation of electric vehicles, mainly on short routes and local operations.

“We are proceeding slowly but surely, selecting the regions where it really makes operational and economic sense,” he commented.

Regarding business results, the executive reported that operations in Mexico grew by approximately 5% last year , in line with expectations given the volatile economic environment. However, he emphasized that efficiency initiatives improved the quality of earnings.

By 2026, the strategic focus will be on the customer, talent retention, and strengthening the organizational culture. Currently, Ryder has more than five thousand employees in the country and has significantly reduced employee turnover.

Regarding security , Álvarez acknowledged that it is a constant challenge in the sector, although he stressed that investment in technology and monitoring has significantly reduced incidents in operations.

The leader of Ryder Mexico reiterated the company’s confidence in the Mexican market.

“We are convinced that Mexico remains a country worth investing in, provided that the appropriate analyses are done at the right time and in the right region,” he said.

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After the electoral process that was experienced in Mexico last June and with a cabinet defined for the next administration, the Transportation and Logistics Confidence Index (ICTYL) reached its best level since this measurement was carried out.

In the survey corresponding to the second quarter of 2024 (2Q24), of the more than 140 managers and businessmen who responded this year, 93.9% stated that 2Q24 was favorable and only 6.1% classified it as unfavorable.

Meanwhile, for 3Q24 the outlook for 93.9% of business owners and managers is favorable, while only 6.1% foresee it as unfavorable; percentages that are coincident.

Regarding the ICTYL index carried out by T21 Business Intelligence, for 2Q24 it was located at 111.3 points (1Q18 = 100), this level is the second best level since 1Q18 when this measurement was carried out, only surpassed by 2Q22 when it was located 111.6 points, that is, for the second quarter of this year it was only 0.3 points below.

Once the electoral process was over and with the virtual president-elect, Claudia Sheinbaum, the members of the ICTYL survey showed a neutral perspective regarding the government that she will lead, especially once the members of her legal cabinet were announced.

Regarding the challenges, insecurity remains the main indicator to maintain the growth rate of your business, this hand in hand with the increase in operating costs.

The National Consumer Price Index (INPC) in the first fortnight of July 2024 registered a variation of 0.71% compared to the previous fortnight. General inflation stood at 5.61%, while compared to the previous year, in the same fortnight of 2023 the record was 0.29% and the annual rate was 4.79%, according to data from the  National Institute of Statistics and Geography (Inegi). ) .

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