Regulatory reform in Mexico boosts innovation and competition in trucking industry.
Regulatory reform in Mexico's road freight industry led to faster, more reliable trucking services, allowing companies to offer new products and reach new areas. User firms benefited from cheaper and more customer-responsive trucking, leading to logistical innovations and cost savings. Some companies outsourced trucking services, improving their operating margins. Successful reform requires careful planning and political support. The national competition agency played a crucial role in promoting and enforcing competition after the reform.