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Thursday, March 28, 2013
BTS: Value of cargo moved by surface modes climbed in January
The value of U.S. trade moved by surface transportation modes between the United States and Canada and Mexico in January reached $90.5 billion, up 6.9 percent from December's total and 3.5 percent from January 2012's mark, according to the U.S. Department of Transportation's Bureau of Transportation Statistics (BTS).
Trucks carried 59.3 percent of the overall cargo, followed by rail at 14.3 percent, vessels at 9.8 percent, pipelines at 8.1 percent and air at 3.8 percent.
"Freight flows moving across the border by truck [in January] increased by 11.8 percent, while freight moving by rail decreased by 5.8 percent from one month prior," BTS officials said in a press release.
On a year-over-year basis, the value of railed freight increased 4.8 percent to $12.9 billion. Railed import value climbed 8.2 percent to $8.4 billion but railed export value dipped 1 percent to $4.5 billion.
The value of trade between the United States and Canada in January totaled $51 billion, up 6.3 percent on a month-over-month basis and 4.7 percent on a year-over-year basis. Trucks carried 53.1 percent of the freight, followed by rail at 16.2 percent, pipelines at 13.9 percent, vessels at 6.1 percent and air at 4.4 percent.
The value of trade between the United States and Mexico totaled $39.5 billion, up 7.6 percent versus December and 1.9 percent versus January 2012. Trucks carried 67.4 percent of the total, followed by vessels at 14.5 percent, rail at 11.8 percent, air at 3.1 percent and pipelines at 0.7 percent.
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