Grupo Traxion: Best Integrated Logistics Solutions Mexico 2020
As would be expected of a logistics leader, Grupo Traxion has a sharp eye for detail. Over the past eight years, the Mexican company has developed a broad portfolio of services to ensure the unimpeded, hassle-free flow of people and product – throughout the country and beyond its borders. The family-owned business has executed a growth strategy rooted in strong management and long-term vision. Its wheelhouse of services and expertise includes cargo, logistics, personnel transport, and international ferries for cross-border travel. Traxion group has acquired some of the best Mexican logistics companies and integrated them into its full-service operation. The acquisition strategy was a regional industry first, as was Traxion’s inclusion on the Mexican Stock Exchange as a land transport company. Its IPO cemented the group’s status as a consolidated link between the worlds of finance and national logistics. Traxion also serves as an investment platform and contributes to the economic development of the logistics industry through venture capital deals. Since its launch, the group has seen a rapid growth trajectory at a compounded increase of 30 percent. It started operations with a fleet of 200 trucks — and now has more than 8,000. Traxion has has consistently achieved 20% margins through shrewd management of a strong and diversified balance sheet. The CFI.co judging panel sees in Grupo Traxion a first-choice tactical partner — and presents it with the 2020 award for Best Integrated Logistics Solutions (Mexico).