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Rail News: Rail Industry Trends
6/30/2011
Rail News: Rail Industry Trends
Value of cargo transported among NAFTA nations climbed in April, BTS says
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In April, the value of trade moved by surface transportation modes between the United States and Canada and Mexico reached $73.8 billion, up 12.1 percent compared with April 2010, according to the U.S. Department of Transportation’s Bureau of Transportation Statistics (BTS).
About 84.7 percent of U.S. trade by value moved on land — via truck, rail, pipeline or other modes — while 11.1 percent moved by vessel and 4.2 percent by air. The value of railed imports climbed 13.5 percent to $8.2 billion and value of railed exports rose 12.6 percent to $4.6 billion compared with April 2010 figures.
The value of trade moved by surface transportation modes between the United States and Canada in April totaled $44.6 billion, up 11.8 percent year over year. The value of railed imports jumped 16.1 percent to $5.7 billion and value of railed exports increased 8.4 percent to $2.5 billion.
The value of trade moved by surface transportation modes between the United States and Mexico in April totaled $29.1 billion, up 12.4 percent year over year. The value of railed imports rose 8.2 percent to $2.5 billion and value of railed exports soared 18.4 percent to $2 billion.
About 84.7 percent of U.S. trade by value moved on land — via truck, rail, pipeline or other modes — while 11.1 percent moved by vessel and 4.2 percent by air. The value of railed imports climbed 13.5 percent to $8.2 billion and value of railed exports rose 12.6 percent to $4.6 billion compared with April 2010 figures.
The value of trade moved by surface transportation modes between the United States and Canada in April totaled $44.6 billion, up 11.8 percent year over year. The value of railed imports jumped 16.1 percent to $5.7 billion and value of railed exports increased 8.4 percent to $2.5 billion.
The value of trade moved by surface transportation modes between the United States and Mexico in April totaled $29.1 billion, up 12.4 percent year over year. The value of railed imports rose 8.2 percent to $2.5 billion and value of railed exports soared 18.4 percent to $2 billion.
