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Rail News Home Rail Industry Trends

10/13/2005



Rail News: Rail Industry Trends

U.S. surface transportation trade with NAFTA partners tumbles in July after June gain



In July, trade moving via surface transportation between the United States, and Canada and Mexico totaled $49.7 billion, a 3.3 percent increase compared with July 2004 and 20.0 percent rise compared with July 2002, according to the U.S. Department of Transportation’s Bureau of Transportation Statistics.

However, total North American trade moved via surface transportation — rail, truck, or pipeline — fell 16.4 percent compared with the previous month. June’s total trade had risen 2.7 percent compared with May.

In July, imports moved via rail totaled $5.38 billion, an 18.6 percent and 2.0 percent drop compared with June and July 2004, respectively. Rail exports totaling $1.97 billion decreased 20.1 percent compared with June but increased 15.6 percent compared with July 2004.

U.S.-Canada surface transportation trade totaled $31.8 billion, a 4.8 percent climb compared with July 2004. Rail imports totaling $3.9 billion dropped 15.3 percent compared with June but rose 3.2 percent compared with July 2004. Rail exports totaling $1.1 billion decreased 26.9 percent compared with June but increased 2.2 percent compared with July 2004.

U.S.-Mexico surface transportation trade totaled $17.9 billion, a 0.8 percent increase compared with July 2004. Rail imports totaling $1.47 billion dropped 27.7 percent and 15.6 percent compared with June and July 2004, respectively. Rail exports totaling $854 million decreased 11.9 percent compared with June but rose 32.9 percent compared with July 2004.


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