In the first quarter of 2026 (1Q26), TRAXION released its quarterly results, which showed a mixed performance between consolidated revenues and EBITDA.

In Q1 2026, consolidated revenues reached 9.062 billion pesos (mdp), representing a 24.5% increase compared to the same quarter of 2025. This performance was once again driven by the Logistics and Technology segment, which accounted for almost half of total revenues, “primarily as a result of the integration of Solistica’s operations,” explained Aby Lijtszain, co-founder and CEO of TRAXION.

Meanwhile, the quarterly report stated that EBITDA achieved in the period totaled 1,242 million pesos, representing a contraction of 7.5% when compared to Q1 2025.

“Last year was very challenging, marked by widespread uncertainty that caused significant disruptions across various industries and significantly impacted the operations of several of our clients. This resulted in intermittent levels of demand for our services, which negatively affected the overall pricing structure in the transportation sector,” Lijtszain added.

From the executive’s perspective, 2026 is shaping up to be a challenging year in macroeconomic and geopolitical terms, with possible impacts on operating volume and pressure on the price structure, in addition to a temporary increase in energy prices.

“Therefore, we have decided to proceed cautiously and take a series of actions that will help us prioritize the Company’s results. These include a reduction of approximately 500 million pesos in CapEx ; a complete reorganization of the freight mobility division, which includes reducing a percentage of the less profitable fleet; as well as a reconfiguration of the administrative, operational, and commercial support areas,” added Aby Lijtszain.

CapEx reached 594 million pesos in Q1 2026, in line with the company’s investment plan.

Meanwhile, the net debt to EBITDA ratio stood at 2.46x in Q1 2026.

Behavior by segments

With Solistica now integrated into the Logistics and Transportation division, its revenues in Q1 2026 reached 4,454 million pesos, representing an increase of 73.9% compared to the same period in 2025.

In the case of Freight Mobility, Aby Lijtszain explained to investors that the effects in this market have generated disruptions that have impacted financial results and net profit.

Total freight mobility revenues reached 1.86 billion pesos in Q1 2026, representing a 9.2% contraction compared to the previous quarter.

Given this situation, Aby Lijtszain anticipated that they are considering a plan to reduce the least profitable assets in the cargo mobility segment, “we anticipate that it could reach up to 25% of the fleet, which will contribute to reducing the cost base and expenses of these units, and whose adjustment would have a positive effect going forward.

Similarly, this action will generate a business opportunity, as we will seek to transfer the clients associated with that portion of the fleet to operate their volumes through TRAXPORTA, supporting the Company’s strategy to expand asset-light operations.”

Finally, the People Mobility division stood at 2,748 million pesos, which represented an increase of just 3%, which meant a share of 25% of TRAXION’s total revenue.

Operational results

In Q1 2026, TRAXION reported that its freight mobility business covered 54.9 million kilometers with a fleet of 2,287 vehicles , generating an average revenue of 33.88 pesos per kilometer. During this period, kilometers traveled decreased by 6.0% and revenue per kilometer by 3.3%.

Passenger mobility reached 8,594 units, a 0.3% increase compared to the previous period. Total kilometers traveled amounted to 112.6 million kilometers, a 6.6% decrease compared to Q1 2025, while revenue per kilometer was 24.41 pesos, a 10.3% increase.

Regarding the Logistics and Technology results, a contraction was identified in the last mile fleet, which stood at 281 units in Q1 2026, a decrease of 12.2% compared to Q1 2025; the 3PL warehouse area (m2) stood at 925,684 m2, a growth of 48.5% in the comparison.

Revenue per square meter was 358.50 pesos, an increase of 16% compared to the 309.16 pesos of Q1 2025.

In terms of costs, the average cost per kilometer for freight mobility was 29.07 pesos per kilometer , 10.0% higher than the previous quarter. Passenger mobility registered 17.89 pesos per kilometer, an 11.9% difference compared to Q1 2025.

The cost per square meter was 228.13 pesos , a 3.2% increase compared to the 221.14 of Q1 2025, according to the TRAXION report.

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Cementos Mexicanos (Cemex) obtained a net profit of 318 million dollars (mdd) in the second quarter of 2025 (2Q25), a growth of 38% compared to the same period of the previous year, which was driven mainly by its operations in the Europe, Middle East and Africa region, according to its results report for the period sent to the Mexican Stock Exchange (BMV) , which highlighted the strengthening of the Cutting Edge Project .

In that regard, the Mexican firm raised its operating cash flow (EBITDA) savings target for this year under the project to $200 million , from the previously announced $150 million, reflecting faster progress in organizational simplification and cost reduction.

Cemex anticipated achieving savings of $400 million by 2027. “These estimates include approximately $200 million in annualized corporate headcount reductions,” the company said.

“As we began implementing our strategic framework, we moved rapidly in the second quarter to transform our corporate structure, introducing a new operating model that simplifies administrative functions, fosters agility, and empowers our regional teams to deliver results,” said Jaime Muguiro, CEO of Cemex.

During the reference period, Cemex posted net sales of $4.126 billion , a 4% decrease compared to the second quarter of 2024. Meanwhile, its operating cash flow (EBITDA) was $823 million in 2Q25, which represented an 11% decrease compared to the same period last year.

“This performance is largely explained by a challenging comparable base, driven by record operating cash flow performance in the second quarter of 2024 (2Q24), as well as volume dynamics, partially offset by cost efficiencies,” the report stated.

Regarding its operations in Mexico , the cement company reported sales of  $1.06 billion  in the second quarter of 2025, a  23% drop  compared to the same period last year. Meanwhile, its operating cash flow decreased  24%  to $347 million compared to the same quarter in 2024.

“In Mexico, quarterly results continued to face challenges due to the difficult prior-year comparative base, driven by pre-election social and infrastructure spending, the level of the exchange rate, and the first year of a new administration,” Cemex stated.

In this regard, the company expects volumes to improve in the second half of 2025, as the previous year’s comparative base is achieved and the Mexican government accelerates its infrastructure and social housing plans .

In  the United States,  the company also posted losses during the period. Sales there were  $1.306 billion , a  6% drop  compared to the same period in 2024. EBITDA fell  6%  to  $279 million  compared to the same period last year.

In  Europe, the Middle East and Africa,  sales totaled  $1.341 billion  in Q2 2025, a  13% increase compared to the same period in 2024. Operating cash flow was $229 million , an increase of  31%  compared to the second quarter of 2024.

Meanwhile, in  Central, South America and the Caribbean , Cemex reported sales of  $318 million  in the aforementioned cycle, a  2% decrease compared to the same cycle in 2024. In that region, its operating cash flow was $51 million , a  22% decrease compared to the second quarter of last year.

“Cemex provided full-year operating cash flow guidance showing stable performance compared to 2024, with potential for upside. It expects free cash flow to accelerate in the second half of the year, driven by improved profitability and the seasonal recovery of working capital investments,” the company emphasized.

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El cargo https://t21.com.mx/cemex-fortalece-su-transformacion-estrategica-reporta-alza-en-utilidad-en-2t25/#:~:text=CEMEX%20STRENGTHENS%20ITS%20STRATEGIC%20TRANSFORMATION%3B%20REPORTS%20INCREASED%20PROFIT%20IN%202Q25 apareció primero en T21.

PACCAR reported an “exceptional” financial performance , as the manufacturer described it, for the first quarter of 2025 (1Q25), despite economic uncertainties and market challenges, according to the company’s report.

The company highlighted in its 1Q25 report that it is well positioned in the global truck market , with a strong focus on the growth of its premium products , as well as the development of advanced technological solutions, including electric and autonomous vehicles.

PACCAR ‘s 1Q25 revenue was $7.4 billion , down slightly from $8.7 billion in the same period last year.

The company also reported a net profit of $505 million, compared to $1.195 billion in the same period in 2024. However, adjusted net profit reached $770 million, despite the economic volatility.

Adjusted return on revenue for the quarter reached 10.3 percent.

One of the highlights of the company’s 1Q24 results was its parts division, which reported record revenue of $6.67 billion.

Meanwhile, pre-tax profit was $1.71 billion, giving PACCAR Parts a compound annual growth rate (CAGR) of 8% over the past 20 years and a CAGR of 12%.

This sector continues to thrive, driven by the distribution network  and the growing population of Kenworth , Peterbilt and DAF trucks in operation globally.

The strategic expansion of its auto parts distribution centers, which now number 20 worldwide, further strengthened its market share and profitability.

Truck production

In the first quarter of 2025, PACCAR delivered 40,100 trucks , down from 48,100 units in the same period of 2024.

Despite this, the truck division remains the cornerstone of PACCAR’s success, with new truck models, such as the Kenworth T680, the Peterbilt 579, and DAF’s XD and XF electric trucks, demonstrating the company’s commitment to innovation and environmental sustainability.

Furthermore, the company continues to invest in electric trucks as part of its sustainability strategy. The company launched new models globally, such as the DAF XD and XF trucks, demonstrating its commitment to zero-emission solutions.

The report also highlights the development of the Amplify Cell Technologies joint venture , targeting the production of lithium iron phosphate (LFP) batteries , which will enhance PACCAR’s position in terms of cost leadership and security of supply in the electric vehicle market.

Additionally, PACCAR is introducing charging solutions for its electric trucks , which will support the growing adoption of zero-emission vehicles in its key markets.

The company continues to expand its global presence , particularly in key markets such as Brazil, India, and China , strengthening its foundation for future growth. The company is leveraging its strong market position to increase its market share in regions with growing demand for high-quality commercial vehicles.

As PACCAR moves into the second quarter of 2025, the company remains focused on driving sustainable growth through technological advancements, including electric trucks, autonomous vehicles, connected services, and expansion into global markets.

These efforts to integrate cutting-edge technologies will improve operational efficiency and continue to lead the global transition to sustainable transportation.

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Cementos Mexicanos (Cemex) presented its financial results for the first quarter of 2025 (1Q25), which highlighted a record net profit of 734 million dollars (mdd) , which was mainly driven by a gain due to the sale of the company’s operations in the Dominican Republic, in addition to seeking to promote the Cutting Edge Project , focused on logistics and savings.

The company emphasized that under the leadership of Jaime Muguiro , CEO of Cemex, it plans to implement the previously announced cost-saving initiative.

With this plan, the firm seeks to drive an efficient organizational transformation, simplifying and strengthening regional operations to achieve profitable growth.

With it, Cemex aims to achieve annual recurring savings from its operating cash flow of at least $150 million by 2025 and $350 million by 2027, focusing on the supply chain, logistics and procurement, as well as on the company’s operations to optimize the mix of electricity and fuels.

Regarding its results, the firm indicated that in the first quarter of 2025 its net sales totaled $3.649 billion , which represented a 7% decrease compared to the same period in 2024, and that this was due to higher consolidated prices that partially offset the effect of lower volumes in Mexico.

In its report, it highlighted that operating cash flow (EBITDA) reached $601 million in 1Q25, which represented an 18% annual decrease.

The company emphasized that the increase in prices it recorded during the quarter was offset by the drop in volume, which is why sales in Mexico and the United States declined.

“My commitment is to generate the highest possible returns for our shareholders by being the best partner for our clients, focusing carefully on operational efficiency, and implementing a disciplined capital allocation strategy,” said Jaime Muguiro.

Regarding its operations in Mexico, the cement company reported sales of $981 million in the first quarter of 2025, a 25% drop compared to the same period last year. Meanwhile, its operating cash flow showed a 27% decrease to $308 million compared to the same quarter in 2024.

In the United States, the cement company also posted losses in the first three months of this year. Sales there were $1.19 billion , a 4% drop compared to the same period in 2024. EBITDA fell 20% to $190 million compared to the same period last year.

In Europe, the Middle East and Africa, sales totaled $1.07 billion in Q1 2025, a 2% increase compared to the same period in 2024. Operating cash flow was $117 million , representing a 40% increase compared to the first quarter of 2024.

Meanwhile, in Central, South America and the Caribbean , Cemex reported sales of $314 million in the aforementioned period, an increase of 2% compared to the same period in 2024. In that region, its operating cash flow was $61 million , a decrease of 3% compared to the first quarter of last year.

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Cemex , a Mexican cement company, announced on Thursday that it achieved a record profit of 939 million dollars (mdd) in 2024 , while in the fourth quarter of 2024 (4Q24) its sales totaled 3,811 million dollars (mdd) , which represented a 5% drop compared to the same period in 2023.

According to its 4Q24 results report , in the October-December period of last year, operating cash flow (Ebitda) also registered a 3% decrease to US$681 million , compared to the same period in 2023, when it was US$705 million , due to the dynamics of volumes.

The cement company reported that its net profit in 4Q24 was US $48 million , which meant a recovery from the loss of US$441 million in the same period in 2023.

Annual results

Regarding its annual results, Cemex indicated that its net income increased by 415% in 2024 to reach a record of 939 million dollars , compared to 182 million dollars in 2023.

In 2024, sales were US$16.2 billion , 2% less than the US$16.554 billion reported during 2023, while EBITDA reached US$ 3.079 billion , which meant an annual drop of 2 percent .

Regarding gross profit, the Mexican firm said it totaled $5.439 billion last year, which meant a 2% decrease compared to 2023.

“I am proud of this year’s achievements, as they mark a key moment in the corporate transformation we envision in 2020,” said Fernando González Olivieri, CEO of Cemex.

The executive noted that with the recovery of its investment grade, as well as “greater free cash flow generation and divestments of around $2.2 billion , we can now accelerate our capital allocation priorities through small and medium-sized acquisitions, mainly in the United States, additional debt reduction and the strengthening of our shareholder return programs.”

Results by region

In Mexico , the company indicated that its sales contracted 4% to US$4.881 billion in 2024 , while in 4Q24 they also showed a drop of 20% , compared to the same period in 2023. Ebitda reported a decrease of 1% to US$1.475 billion during the past year, while in 4Q24 it fell 18% , to US$283 million .

“The depreciation of the Mexican peso had an impact on operating cash flow of $52 million in 2024 results, as our foreign exchange hedging strategy continues to mitigate the impact on our leverage ratio,” the company said in its report.

In its operations in the United States , Cemex indicated that its sales were US $5.194 billion in 2024, an annual decrease of 3% , and US$1.233 billion in 4Q24, which meant a decrease of 3% over the same period in 2023. In its northern neighbor, annual EBITDA decreased 1% to US$1.031 billion and remained stable at US$238 million in the fourth quarter of 2024.

“The business’ resilience in the face of falling volumes is noteworthy, with an expansion in the operating cash flow margin, driven by our cost optimization efforts, lower energy prices and lower imports,” Cemex said.

In  Europe , the Middle East and Africa , the company reported a 2% decrease in sales in 2024 to $4.631 billion , and an increase of 5% in the last quarter of last year to $1.155 billion . Operating cash flow was $ 637 million in 2024, 5% less than in 2023, and $177 million in the fourth quarter of 2024, an increase of 37% compared to the same period in 2023.

“In EMEA, the recovery trend continued in the fourth quarter, with our European operations recording the second consecutive quarter of EBITDA growth compared to the same period last year,” the cement company said.

In Central and South America and the Caribbean , Cemex reported stable sales of US$1.244 billion in 2024 and US$297 million in 4Q24. Operating cash flow increased 2% to US$234 million in 2024, compared to US$57 million in the fourth quarter of 2024 .

“In the Central, South America and Caribbean region, operating cash flow increased 2% on a comparable basis for both 2024 and the fourth quarter compared to the previous year. The higher operating cash flow margins were driven by positive price dynamics,” he stressed.

“Project Cutting Edge”, focused on supply chains

The Mexican cement company also launched the “Cutting Edge Project,” which is a three-year, $350 million savings initiative focused on optimizing operations and improving efficiency through the company’s digital technology.

“This program is expected to generate an additional $150 million in operating cash flow in 2025, with a projection of reaching $350 million by 2027. In addition, Project Cutting Edge contemplates savings at the level of free cash flow,” Cemex said.

This project will focus on supply chains, logistics and procurement, through the use of technology and Artificial Intelligence to simplify and automate processes and workflow.

It will also focus on continued optimization of the cement and ready-mix network, as well as additional free cash flow savings for 2025 and beyond.

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When announcing the financial results for the first quarter of fiscal year 2025 (1Q25) ending on May 4, 2024, Samsara reported consistent progress in key indicators.

Regarding revenue, Samsara disclosed a 37% increase, reaching $280.7 million in 1Q25.

In terms of Annual Recurring Revenue (ARR), Samsara reported $1.176 billion for 1Q25, also showing a 37% growth compared to 1Q24.

“We had a solid first quarter of the new fiscal year with revenues of $280.7 million in the first quarter, a 37% year-over-year growth, the same year-over-year adjusted revenue growth as the last quarter but at a larger scale,” said Sanjit Biswas, CEO and co-founder of Samsara. “As a strategic partner to the world’s most complex and leading physical operations organizations, we are focused on delivering clear and rapid return on investment for our customers and improving their operations.”

According to the guidance presented to investors, revenue for 2Q25 is projected to be between $288 and $290 million, also representing a 31-32% increase for the period.

The guidance anticipates that the full fiscal year 2025 will generate revenues for Samsara of $1.205 – $1.213 billion, representing a 29% growth.

In the investor report, Samsara highlights in the return on investment (ROI) section that it can be greater than eight times (8x), with over $2 million in annual benefits related to companies employing the systems.

Among the operational benefits identified by the Samsara ecosystem operation are a 20% reduction in engine idle times, a 10% increase in vehicle lifespan, and a 29% reduction in accident records.

On June 10, at the close of trading on the New York Stock Exchange (NYSE), Samsara’s shares (NYSE: IOT) closed at $30.95 per share, representing a 1.28% increase from the previous day.

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El cargo Samsara Maintains Consistent Progress in its Financial Results apareció primero en T21.

The German shipping company Hapag-Lloyd reported on Wednesday that it concluded the first quarter of 2024 with a Group EBITDA of $942 million (mdd). Compared to the same quarter of the previous year, the Group’s EBIT decreased to $396 million and the profit to $325 million.

In the shipping line segment, transport volumes for the first quarter of 2024 increased by 6.8% to three million TEUs (20-foot containers), compared to 2.8 million TEUs in the same period a year earlier.

Transport expenses were comparable to the same quarter of the previous year at $3.3 billion.

Although costs increased significantly due to ship diversion around the Cape of Good Hope, these were largely offset by active cost management. Revenues decreased to $4.6 billion mainly due to a lower average freight rate of $1,359/TEU.

Compared to the same quarter of the previous year, EBITDA decreased to $906 million and EBIT to $378 million.

In the Terminals and Infrastructure segment, an EBITDA of $35 million and an EBIT of $18 million were achieved in the first quarter of 2024. This new segment was only created in the second half of 2023 and is currently in the establishment process. For this reason, the figures for the first quarter of 2024 are only comparable to the figures for the previous year to a limited extent.

“Although our results are significantly below the exceptionally strong figures of the previous year due to the normalization of supply chains, we are pleased to have started the new year well. Rates stabilized in the first quarter due to ship diversion around the Cape of Good Hope and increased demand for capacity. The numerous new ships that have been and will be delivered in the industry in 2024 have been crucial in keeping supply chains running without too many interruptions. Going forward, we must maintain strict control over our costs and continue the implementation of our Strategy 2030, with a primary focus on our decarbonization initiatives and our promise to be the undisputed number one in quality for our customers,” said Rolf Habben Jansen, CEO of Hapag-Lloyd AG.

In view of the good commercial performance in the first quarter of 2024, the Executive Board has revised its forecast for the current fiscal year, which was published on March 14, 2024. Group EBITDA is now expected to be in the range of $2.2 to $3.3 billion and Group EBIT in the range of $0 to $1.1 billion. It is still assumed that a large part of the projected result will be generated in the first half of the year. Given the highly volatile development of freight rates and the major geopolitical challenges, this forecast remains subject to a high degree of uncertainty.

With information from Portal Portuario, a media outlet specialized in ports and maritime transport in Chile.

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