US-NAFTA trade totals $102.2 billion in September

Thursday, 27 November 2014 00:03:32 (GMT+3)   |   San Diego
       

US-NAFTA freight totaled $102.2 billion in September 2014 as all five major transportation modes – air, vessel, pipeline, rail, and trucks – carried more US-NAFTA freight than in September 2013, according to the TransBorder Freight Data released Tuesday by the US Department of Transportation’s Bureau of Transportation Statistics (BTS). September was the seventh consecutive month with US-NAFTA freight flows exceeding $100 billion.

In September, the value of commodities moving by truck increased 8.6 percent while rail increased 0.6 percent. Of the $7.8 billion increase in the value of US-NAFTA freight from September 2013, truck freight contributed the most, $4.9 billion. Trucks carry three-fifths of US-NAFTA freight and are the most heavily utilized mode for moving goods to and from both US-NAFTA partners. Trucks accounted for $31.2 billion of exports and $30.1 billion of imports. Rail remained the second largest mode, moving 15.0 percent of all US-NAFTA freight.

Year-over-year, the percent change in the value of US-Canada freight moved by truck increased 6.0 percent and rail by 3.3 percent. Trucks carried 54.0 percent of the $57.4 billion of freight to and from Canada, followed by rail, at 16.1 percent.

Year-over-year, the value of US-Mexico pipeline freight rose 60.5 percent, the largest percentage increase of any mode, due to an increase in US exports of mineral fuels.  Freight moved by truck increased 11.5 percent. The 3.3 percent decline in rail freight was principally due to a decline in vehicles and parts trade. Trucks carried 67.6 percent of the $44.9 billion of freight to and from Mexico, followed by rail, at 13.5 percent.


Similar articles

US-NAFTA freight decreases 10 percent in value in July

22 Sep | Steel News

US-NAFTA freight declines in value in June

25 Aug | Steel News

US-NAFTA freight value declines 3.1 percent in May

28 Jul | Steel News

Value of US-NAFTA freight declines in November

28 Jan | Steel News

US-NAFTA freight totals $85.7 billion in February

23 Apr | Steel News

NAFTA freight flow increased 5.4 percent in December

27 Feb | Steel News

US-NAFTA freight totals $96.3 billion in November

30 Jan | Steel News

June US-NAFTA trade increases 10.2 percent in value

01 Sep | Steel News

US-NAFTA trade rises by 5.4 percent in May

28 Jul | Steel News

Rail and truck-based trade in NAFTA region grows in 2013

21 Mar | Steel News