BTS: Transborder freight by rail rose in October from September's level

Transborder freight moved by rail between the United States, Canada and Mexico rose 5% to $14.5 billion worth of goods in October 2020 compared with September 2020, the U.S. Bureau of Transportation Statistics (BTS) reported last week.

Year over year (YOY), freight moved by rail in October fell 0.4%, according to a BTS press release.

Freight moved by all modes of transportation between the three nations climbed 5.8% to $102.1 billion worth of goods in October compared with September, but fell 4.7% YOY.

Rail was the second-most used mode in October. Freight moved by rail made up 14.2% of all transborder freight.

By border:
• $7.6 billion worth of freight was moved by rail in October between the United States and Canada, up 2% compared with September but down 3.6% YOY; and
• $6.8 billion worth of freight was moved by rail in October between the United States and Mexico, up 8.5% in September and 3.4% YOY.