mod.rs came first and that made creating modules verbose as hell. Not only that but imagine having many mod.rs files open, you wouldn’t know what module you are in by just looking at the filename.
Open 5 libs.rs, which crate are you in? Always look at full path instead of filename. A mod.rs means a much more cleaner organization, as you know that all of a folder module's content is within that module, and you don't have to look elsewhere.