Cargo mobility: Grupo Traxion increases its revenues 11.9%
Grupo Traxion obtained revenues of 4,513 million pesos in its Cargo Mobility segment in the first nine months of 2021, an advance of 11.9% year-on-year.
The cargo mobility segment provides comprehensive cargo solutions.
The services provided by the company include: dedicated cargo, consolidated cargo (LTL), intermodal cargo, refrigerated cargo, international cargo and border crossings, transportation of petrochemicals, moving, and specialized transportation.
At the same time, its EBITDA was 981 million pesos, an annual growth of 4.8%, comparing both periods equally.
Cargo mobility
Grupo Traxion operates a platform of six brands: Transportadora EGOBA, Muebles y Mudanzas MYM, Grupo SID, Auto Express Frontera Norte, Autotransportes El Bisonte, and Redpack.
In addition, the company has one of the most modern, diverse and flexible fleets in the industry, with an average age of 4.9 years, made up of an average of 2,244 motor units at the end of the third quarter of the current year.
That number of power units meant an increase of 5.7% year-on-year.
Traxion is the leading transportation and logistics company in Mexico.
It offers comprehensive solutions through the widest and most diverse portfolio of services in the country.
Its platform operates three business segments: Cargo Mobility, Logistics and Technology, and People Mobility.
The company has seven brands recognized for their leadership in the different business niches in which it participates.
Traxion was established in 2011 and closed the third quarter of the current year with an average fleet of 8,788 motor units, 596,615 square meters of 3PL logistics warehouse space, national presence, a portfolio of more than 1,000 clients, and more than 17,300 employees.
Among the most important competitive advantages, according to its own evaluation, the following stand out: an experienced and committed administrative team, the only consolidator in a highly fragmented sector, the only institutional company within an industry dominated by family businesses, a diversified portfolio of Premium services, relationships long-term with customers and suppliers, and anticipated market vision.
