Attacks in Cauca Generate Losses of $5.230 Billion to the Freight Transport Sector in Two Days
The attacks have already left 21 people dead and 56 injured on the Pan-American Highway. Photo: EFE
TL;DR
- Terrorist attacks in Cauca have caused 21 deaths and 56 injuries on the Pan-American Highway.
- Fedetranscarga estimates losses at $5.230 billion, including operational overcosts and vehicle damage.
- The attacks have made cargo transport more expensive nationwide.
- 3,815 trucks and tractor-trailers were affected in Cauca and Nariño.
- Operational overcosts account for $3.750 billion, with $1.100 billion from vehicle incineration.
- Transport costs to the southwest have increased by 50% to 60%.
- This price hike will be passed on to consumers for products like sugar, cement, fuels, and corn.
- The Pacific South region already had higher logistics costs (18.5%) than the national average (15.6%).
- The Pan-American corridor in Cauca is now classified as a high-risk 'red zone', increasing insurance policy costs.
- Colfecar has been reporting the situation to the Ministry of Defense for months without effective results.
- Cauca has the highest insecurity index for freight transport in Colombia.
- Some transport companies are evaluating suspending operations in Cauca due to security concerns.
- 97% of cargo in Colombia is transported by road, making the sector vital for the national economy.
- Incidents of crime against public safety grew by 18% in 2025, increasing insurance costs for trucks.
- The current situation leads to higher inflation and reduced competitiveness for the Colombian economy.