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Rail News Home Rail Industry Trends

3/21/2011



Rail News: Rail Industry Trends

NAFTA partners' cargo trade value one-quarter higher in 2010


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Last year, the value of trade moved by surface transportation modes between the United States and Canada and Mexico reached $791 billion, up 24.3 percent compared with 2009 data — the largest year-over-year increase in value since the North American Free Trade Agreement took effect in 1994, according to the U.S. Department of Transportation’s Bureau of Transportation Statistics (BTS).

By value, 86.2 percent of U.S. trade was transported on land, primarily by truck, rail and pipeline. For the year, railed import value soared 41.6 percent to $85.5 billion and railed export value jumped 29.7 percent to $45.7 billion.

The value of freight moved between the United States and Canada via rail, truck and pipeline in 2010 totaled $471 billion, up 22.1 percent vs. 2009. Railed imports were valued at $57 billion, up 38.8 percent, and railed exports were valued at $26.1 billion, up 30.8 percent, according to BTS data.

The value of freight moved between the United States and Mexico via surface transportation modes in 2010 totaled $320.3 billion, up 27.6 percent year over year. Railed import value ballooned 47.6 percent to $28.4 billion and railed export value shot up 28.4 percent to $19.6 billion.

For more BTS surface transportation trade data from 2010, follow this link.



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