US-NAFTA freight value increases in March

Friday, 29 May 2015 02:31:32 (GMT+3)   |   San Diego
       

US-NAFTA freight totaled $96.1 billion in March 2015 as three out of five transportation modes – air, rail, and truck – carried more US-NAFTA freight than in March 2014, according to the TransBorder Freight Data released today by the US Department of Transportation’s Bureau of Transportation Statistics (BTS). Year-over-year, the value of US-NAFTA freight flows by all modes decreased by 5.3 percent. The value of NAFTA trade by pipeline and vessel declined in March due to the reduced unit price of mineral fuel shipments.

In March 2015 compared to March 2014, the value of commodities moving by air grew by the largest percentage of any mode, 6.0 percent. Rail freight increased by 1.5 percent and truck freight increased by 0.9 percent. Vessel freight decreased by 30.3 percent and pipeline freight decreased by 41.6 percent mainly due to the lower unit price of mineral fuel shipments.

Trucks carried 64.0 percent of US-NAFTA freight and are the most heavily utilized mode for moving goods to and from both US-NAFTA partners. Trucks accounted for $30.6 billion of the $51.2 billion of imports (59.8 percent) and $30.9 billion of the $44.9 billion of exports (68.9 percent).

Rail remained the second largest mode, moving 15.8 percent of all US-NAFTA freight, followed by vessel, 6.2 percent; pipeline, 5.1 percent; and air, 4.1 percent. The surface transportation modes of truck, rail and pipeline carried 84.9 percent of the total US-NAFTA freight flows.

US-Canada freight totaled $50.8 billion in March 2015 as one out of five transportation modes – air – carried more US-Canada freight than in March 2014. Year-over-year, the value of US-Canada trade by air increased by 1.0 percent. Trucks carried 58.4 percent of the $50.8 billion of freight to and from Canada, followed by rail, 16.7 percent; pipeline, 9.0 percent; air, 4.9 percent; and vessel, 4.4 percent. The surface transportation modes of truck, rail and pipeline carried 84.1 percent of the total US-Canada freight flows.

US-Mexico freight totaled $45.2 billion in March 2015 as three out of five transportation modes – air, rail, and truck – carried more US-Mexico freight than in March 2014. Year-over-year, the value of US-Mexico air freight rose 15.7 percent, the largest percentage increase of any mode. Freight carried by rail increased by 7.5 percent and truck freight increased by 5.3 percent. Trucks carried 70.3 percent of the $45.2 billion of freight to and from Mexico, followed by rail, 14.9 percent; vessel, 8.2 percent; air, 3.3 percent; and pipeline, 0.6 percent. The surface transportation modes of truck, rail and pipeline carried 85.9 percent of the total US-Mexico freight flows.


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