Transportation Fleet Needs Upgrade

According to a study by the Transportation Development Foundation, transportation fleet´s age in the region is around fifteen years.

Monday, October 4, 2010

Improvement in transportation of goods and increase in competitiveness of the region would be the result of renewal of the fleet as well as contributing to the environment because it lowers gas emissions.

Nelson Vanegas, executive at Transportation Development Foundation of America (FUNDETCA) indicated the need for support from government institutions for such renewal.

"The sector has not received support to develop and train their personnel and there is a need for a cargo pilot school." according to Laprensagrafica.com.



More on this topic

Trends: What Types of Vehicles are Gaining Market Share?

May 2020

So far this year in the Central American markets, the interest in vehicles for cargo transport reported a clear upturn, with Guatemala, El Salvador and Panama being the countries that registered the greatest increases in interactions associated with the topic.

Through a system that monitors in real time changes in consumer interests and preferences in Central American countries, developed by the Trade Intelligence Unit of CentralAmericaData, it is possible to project short and long term demand trends for different products, sectors and markets operating in the region.

Light Trucks: $123 Million in Regional Purchases

February 2020

From January to September 2019, the countries of the region imported light trucks for $123 million, and 53% was purchased by companies in Guatemala and Costa Rica.

Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption "Click to interact with graphics"]

Central America Imports More Light Trucks

September 2018

In the first three months of 2018, countries in the region imported $52 million worth of light cargo trucks, 12% more than was reported in the same period last year.

Figures from the information system on the Light Truck Market in Central America, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with graph"]

Trucking in the Region

March 2013

IDB study on Trucking in Central America: performance analysis and policy recommendations.

In Central America the distances are short and cargo volumes are small for building a dense network of short shipping sea routes. Furthermore, there is no transnational rail network.