Progressive Railroading

RAIL EMPLOYMENT
Newsletter Sign Up
Stay updated on news, articles and information for the rail industry


All fields are required.





Rail News Home Rail Industry Trends

7/2/2009



Rail News: Rail Industry Trends

Surface transportation trade among NAFTA partners plunges in April


In April, the value of trade moved by surface transportation modes between the United States and Canada and Mexico totaled $49.7 billion, down 33.1 percent compared with April 2008’s figure — the fourth-straight month the year-over-year decline exceeded 27 percent, according to the U.S. Department of Transportation’s Bureau of Transportation Statistics.

The modes involve rail, truck and pipelines. In April, the value of railed imports and exports plunged 43.6 percent (to $8 billion) and 36.7 percent (to $4.4 billion), respectively. The value of trucked imports plummeted 27.6 percent to $24.9 billion and trucked exports dipped 26.7 percent to $24.5 billion compared with April 2008 figures.

U.S.–Canada surface transportation trade value in April plummeted 38.2 percent to $30.2 billion. The value of railed imports and exports plunged 47.9 percent (to $5.8 billion) and 31.3 percent (to $2.4 billion), respectively.

U.S.–Mexico surface transportation trade value in April fell 23.4 percent to $19.5 billion. The value of railed imports plunged 32.5 percent to $2.3 billion and railed exports plummeted 43 percent to $2 billion compared with April 2008 data.


Contact Progressive Railroading editorial staff.

More News from 7/2/2009