The cross-border transportation sector between Mexico and the United States is vital for the seamless movement of goods, sustaining economic ties between the two nations. As we look toward 2025, understanding the dynamics and projections of this industry is crucial.
Key Statistics for 2025
Freight Volume and Revenue: According to the American Trucking Associations' 2024 Trends Report, trucks moved approximately 11.18 billion tons of freight in 2023, a slight decrease from the previous year. However, industry revenues grew to $987 billion, up from $940.8 billion in 2022.
Employment and Industry Structure: The trucking industry employed 8.5 million people in 2023, including 3.55 million professional drivers. The sector is predominantly composed of small businesses, with 95.5% of carriers operating 10 or fewer trucks and 99.6% operating fewer than 100 power units.
Cross-Border Trade: Trucks carried 84.5% of the goods across the U.S.-Mexico border in 2023, underscoring the importance of cross-border freight as a robust source of revenue for motor carriers.
Why Partner with Us?
At RIMAQ Insurance Services, we offer unparalleled insurance solutions tailored to the cross-border trucking sector. With exclusive access to leading markets, we provide agents with a competitive edge in this essential industry.
Benefits of Joining Us as an Insurance Agent:
Market Leadership Access: Collaborate with top-tier markets in cross-border trucking insurance.
Exclusive Programs: Tailored solutions for cross-border carriers.
Competitive Commissions: Attractive commission structures.
Efficient Service: Prompt and accurate responses.
Partner with RIMAQ Insurance Services to tap into a thriving market and expand your portfolio with industry-leading solutions. Contact us today: getappointed@rimaqinsurance.com
Sources:
American Trucking Associations. "American Trucking Trends 2024." Sep 11, 2024. Trucking.org
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