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Rail News: Intermodal
The United States continues to increase surface transportation trade with its North American Free Trade Agreement partners. In June, trade with Canada and Mexico totaling $59.4 billion rose 7.2 percent and 2.7 percent compared with June 2004 and May 2005, respectively, according to the U.S. Department of Transportation’s Bureau of Transportation Statistics (BTS).
During the month, railroads moved imports valued at $6.5 billion and exports valued at $2.8 billion — a 5.9 percent decrease and 14.1 percent increase, respectively, compared with June 2004. Trucks carried 66 percent of imports and 80 percent of exports by value.
June U.S.-Canada surface transportation trade totaled $39.1 billion, an 8.4 percent rise compared with June 2004. Trucks carried 57 percent of imports and 79 percent of exports, and railroads moved 21.5 percent of imports and 9.2 percent of exports by value.
June U.S.-Mexico surface transportation trade totaled $20.3 billion, a 5.1 percent increase compared with June 2004. Trucks carried 83 percent of imports and 80 percent of exports, and railroads moved 14.8 percent of imports and 14.7 percent of exports by value.
BTS’ monthly report analyzes the amount of freight by value moving between the United States, Mexico and Canada by truck, rail and pipeline. About 90 percent of U.S. trade with Canada and Mexico moves on land.
8/30/2005
Rail News: Intermodal
June a boon for U.S. surface transportation trade with NAFTA nations, USDOT says
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The United States continues to increase surface transportation trade with its North American Free Trade Agreement partners. In June, trade with Canada and Mexico totaling $59.4 billion rose 7.2 percent and 2.7 percent compared with June 2004 and May 2005, respectively, according to the U.S. Department of Transportation’s Bureau of Transportation Statistics (BTS).
During the month, railroads moved imports valued at $6.5 billion and exports valued at $2.8 billion — a 5.9 percent decrease and 14.1 percent increase, respectively, compared with June 2004. Trucks carried 66 percent of imports and 80 percent of exports by value.
June U.S.-Canada surface transportation trade totaled $39.1 billion, an 8.4 percent rise compared with June 2004. Trucks carried 57 percent of imports and 79 percent of exports, and railroads moved 21.5 percent of imports and 9.2 percent of exports by value.
June U.S.-Mexico surface transportation trade totaled $20.3 billion, a 5.1 percent increase compared with June 2004. Trucks carried 83 percent of imports and 80 percent of exports, and railroads moved 14.8 percent of imports and 14.7 percent of exports by value.
BTS’ monthly report analyzes the amount of freight by value moving between the United States, Mexico and Canada by truck, rail and pipeline. About 90 percent of U.S. trade with Canada and Mexico moves on land.
