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Rail News: Rail Industry Trends
3/31/2010
Rail News: Rail Industry Trends
Value of goods shuttled between U.S., NAFTA partners jumped in January
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In January, the value of freight moved via surface transportation modes between the United States, Canada and Mexico reached $56.7 billion, up 19.5 percent compared with January 2009’s total — the largest year-over-year gain in a month since March 2000, according to the U.S. Department of Transportation’s Bureau of Transportation Statistics.
In January, 86.1 percent of U.S. trade by value with Canada and Mexico moved by rail, truck or pipeline. The value of railed imports and exports jumped 64.5 percent to $4 billion and 28.6 percent to $2.5 billion, respectively.
U.S.–Canada surface transportation trade totaled $34.2 billion, up 18 percent compared with January 2009’s level. The value of railed imports jumped 48.4 percent to $3 billion and value of rail exports climbed 25.9 percent to $1.5 billion.
U.S.–Mexico surface transportation trade totaled $22.5 billion, up 21.7 percent year over year. The value of railed imports ballooned 115.3 percent to $967 million and value of railed exports soared 32.3 percent to $1 billion.
In January, 86.1 percent of U.S. trade by value with Canada and Mexico moved by rail, truck or pipeline. The value of railed imports and exports jumped 64.5 percent to $4 billion and 28.6 percent to $2.5 billion, respectively.
U.S.–Canada surface transportation trade totaled $34.2 billion, up 18 percent compared with January 2009’s level. The value of railed imports jumped 48.4 percent to $3 billion and value of rail exports climbed 25.9 percent to $1.5 billion.
U.S.–Mexico surface transportation trade totaled $22.5 billion, up 21.7 percent year over year. The value of railed imports ballooned 115.3 percent to $967 million and value of railed exports soared 32.3 percent to $1 billion.
