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Rail News: Rail Industry Trends
3/28/2012
Rail News: Rail Industry Trends
Value of surface-transported trade between NAFTA partners jumped in January, BTS says
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In January, the value of trade moved by surface transportation modes between the United States and Canada and Mexico totaled $75.5 billion, up 11.5 percent compared with January 2011, according to the U.S. Department of Transportation’s Bureau of Transportation Statistics (BTS). Trade value also rose 1.8 percent from December’s level.
Surface transportation includes freight movements by rail, truck, pipeline, mail, Foreign Trade Zones and other modes. In January, 86.3 percent of U.S. trade by value with Canada and Mexico moved via land, 9.8 percent by vessel and 3.9 percent by air. The value of railed imports increased 3.9 percent to $7.7 billion and the value of railed exports jumped 25.5 percent to $4.5 billion.
The value of trade moved by surface transportation modes between the United States and Canada in January reached $44.1 billion, up 9.6 percent year over year. The value of railed imports increased 8.1 percent to $5.5 billion and the value of railed exports climbed 18.7 percent to $2.3 billion.
The value of trade moved by surface transportation modes between the United States and Mexico in January totaled $31.4 billion, up 14.3 percent versus January 2011. The value of railed imports declined 5.4 percent percent to $2.2 billion but the value of railed exports shot up 33.4 percent to $2.3 billion.
For more BTS surface transportation data from January, follow this link.
Surface transportation includes freight movements by rail, truck, pipeline, mail, Foreign Trade Zones and other modes. In January, 86.3 percent of U.S. trade by value with Canada and Mexico moved via land, 9.8 percent by vessel and 3.9 percent by air. The value of railed imports increased 3.9 percent to $7.7 billion and the value of railed exports jumped 25.5 percent to $4.5 billion.
The value of trade moved by surface transportation modes between the United States and Canada in January reached $44.1 billion, up 9.6 percent year over year. The value of railed imports increased 8.1 percent to $5.5 billion and the value of railed exports climbed 18.7 percent to $2.3 billion.
The value of trade moved by surface transportation modes between the United States and Mexico in January totaled $31.4 billion, up 14.3 percent versus January 2011. The value of railed imports declined 5.4 percent percent to $2.2 billion but the value of railed exports shot up 33.4 percent to $2.3 billion.
For more BTS surface transportation data from January, follow this link.
