The combined revenue of the entire worldwide shipping industry is around $9 billion. The country's 2900 km of inland river have a very small role in the country's transit. Shipping companies serve internationally, and inland various freight and logistics companies serve the purpose.
Puertos Mexicanos-PM (Mexican Ports) is the entity that controls the Mexican system of state-owned ports. The most important port for general cargo, especially that entering and leaving Mexico City, is Veracruz.
Among the top companies dominating the Mexican shipping and logistics industry you'll find TMM Corporation. The Chinse company Hutchison Whampoa Limited, which control 12% of the world's container port capacity, has a major presence at Lazaro Cardenas seaport and numerous other Mexican ports. Both ends of the Panama Canal are effectively controlled by this company. The canal is one of the most important shipping routes to every country in the Americas.
A $4 billion seaport is planned for Punta Colonet by the Mexican government. Planned to be completed by 2014, this seaport will rival all the major seaports in the Americas, containers from Asia will be offloaded here and then transported to their respective destinations. This port is the linchpin for a new shipping route that will link the Pacific to America's heartland. The port is going to be the largest infrastructure improvement ever taken on by the Mexican government in the history of the country. Shipping is one of Mexico's most important income sources, and the port is expected to provide a major boost to the shipping industry. The project will bring financial growth to Mexico, and compete with the dominant shipping industry from the US.
Overall the shipping industry is still maturing to its full potential on this Latin paradise and it's just a matter of time before their revenues match that of the United States and the Chinese shipping industries. Also, this project will help accelerate customs import processing and prevents clog of shipments in Mexico giving the shippers and customers ease and hassle-free in shipping to Mexico.
Puertos Mexicanos-PM (Mexican Ports) is the entity that controls the Mexican system of state-owned ports. The most important port for general cargo, especially that entering and leaving Mexico City, is Veracruz.
Among the top companies dominating the Mexican shipping and logistics industry you'll find TMM Corporation. The Chinse company Hutchison Whampoa Limited, which control 12% of the world's container port capacity, has a major presence at Lazaro Cardenas seaport and numerous other Mexican ports. Both ends of the Panama Canal are effectively controlled by this company. The canal is one of the most important shipping routes to every country in the Americas.
A $4 billion seaport is planned for Punta Colonet by the Mexican government. Planned to be completed by 2014, this seaport will rival all the major seaports in the Americas, containers from Asia will be offloaded here and then transported to their respective destinations. This port is the linchpin for a new shipping route that will link the Pacific to America's heartland. The port is going to be the largest infrastructure improvement ever taken on by the Mexican government in the history of the country. Shipping is one of Mexico's most important income sources, and the port is expected to provide a major boost to the shipping industry. The project will bring financial growth to Mexico, and compete with the dominant shipping industry from the US.
Overall the shipping industry is still maturing to its full potential on this Latin paradise and it's just a matter of time before their revenues match that of the United States and the Chinese shipping industries. Also, this project will help accelerate customs import processing and prevents clog of shipments in Mexico giving the shippers and customers ease and hassle-free in shipping to Mexico.
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