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12/2/2008



Rail News: Rail Industry Trends

USDOT: Value of goods moving north, south across U.S. borders goes up in September


The value of trade moving via surface transportation modes between the United States and Canada and Mexico in September totaled $71.8 billion, down 0.6 percent from August’s level but up 7.5 percent from September 2007’s total, according to the U.S. Department of Transportation’s Bureau of Transportation Statistics. The modes include rail, truck and pipeline.

Railed imports valued at $7.3 billion dropped 11.7 percent and railed exports valued at $4.4 billion rose 10.8 percent compared with September 2007 totals. On a month-over-month basis, railed imports and exports decreased 11.6 percent and 7.5 percent, respectively.

The value of trade moving via rail, truck and pipelines between the United States and Canada in September totaled $46.8 billion, up 9.7 percent year over year. Railed imports valued at $5.4 billion declined 10.7 percent from August’s level and 5.2 percent from September 2007’s total, while railed exports valued at $2.7 billion fell 6.9 percent from August’s level but jumped 16.7 percent from September 2007’s total.

The value of trade moving between the United States and Mexico totaled $25 billion, up 3.8 percent year over year. Railed imports valued at $1.9 billion decreased 14.1 percent from August’s level and 26.1 percent from September 2007’s total, while railed exports valued at $1.8 billion declined 8.2 percent from August’s level but rose 3.1 percent from September 2007’s total.


Contact Progressive Railroading editorial staff.

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