Dec. 16 at 8:01 PM
$UBER Freight’s latest market outlook points to US freight market that is quietly stabilizing & setting up for tighter conditions in 2026, w/ cross-border trade w/ Mexico emerging as one of the most important structural drivers.
Resilient consumer spending, nearshoring activity & capacity discipline among carriers are helping stabilize demand after a prolonged freight downturn — even as mfging remains under pressure & geopolitical risks persist
Uber Freight highlighted Mexico’s expanding role in North American supply chains, driven by nearshoring & reshoring activity across auto, industrial machinery & advanced mfg
Mexico increased share of US imports to 15.5%, up from 14.5% prev - cementing position as largest US trading partner
FDI into Mexico reached
$34.3B in 1H25 [up +10.2% y/y]
Despite ongoing US tariffs on steel, aluminum & copper, Mexico has largely maintained export volumes, albeit at higher production costs, reinforcing its importance in North American supply chains
$EWW $XLY
