Top 20 Latin American Logistics Companies

Mexico’s Grupo Traxión was the only firm in Latin Trade’s most recent ranking of the Top Logistics Companies in Latin America to post revenue growth in the third-quarter of 2020.  While most of the companies in the ranking were hit by pandemic-related issues, which resulted in losses for 19 of the 20 firms in the ranking, Grupo Traxión’s revenues grew 7 percent to $170 million, up from the $159 million from the same period a year before. The company’s results were boosted mainly by an increase in industrial personnel transportation services and entering the asset-light business. The top three companies in terms of total revenues are Brazil’s Simpar, with $461 million (-22%), CCR with $422 million (-35%) and Chile’s LATAM […]

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