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Rail News: Rail Industry Trends
3/4/2010
Rail News: Rail Industry Trends
U.S. surface-mode trade with Canada, Mexico ends long losing streak in December
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In December, the value of trade moving via surface transportation modes between the United States and Canada and Mexico totaled $58.5 billion, up 10.5 percent compared with December 2008’s value — the first month to post a year-over-year increase since September 2008, according to the U.S. Department of Transportation’s Bureau of Transportation Statistics (BTS). However, the value of cargo moving by rail, truck and pipeline declined 0.8 percent compared with November 2009’s value.
For the full year, trade value totaled $636.7 billion, down 23.3 percent vs. 2008’s value.
U.S.–Canada surface transportation trade in December totaled $35.4 billion, up 7.8 percent year over year. Railed imports valued at $4.1 billion rose 18.3 percent and railed exports valued at $1.8 billion increased 8.7 percent.
U.S.–Mexico surface transportation trade in December totaled $23 billion, up 15 percent year over year. Railed imports valued at $2.3 billion jumped 31 percent and railed exports valued at $1.5 billion rose 12 percent.
For more BTS data on surface transportation trade in December and all of 2009, follow this link.
For the full year, trade value totaled $636.7 billion, down 23.3 percent vs. 2008’s value.
U.S.–Canada surface transportation trade in December totaled $35.4 billion, up 7.8 percent year over year. Railed imports valued at $4.1 billion rose 18.3 percent and railed exports valued at $1.8 billion increased 8.7 percent.
U.S.–Mexico surface transportation trade in December totaled $23 billion, up 15 percent year over year. Railed imports valued at $2.3 billion jumped 31 percent and railed exports valued at $1.5 billion rose 12 percent.
For more BTS data on surface transportation trade in December and all of 2009, follow this link.