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9/28/2011



Rail News: Rail Industry Trends

BTS: Value of cargo moved between NAFTA nations climbed in July


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The value of freight moved by surface transportation modes between the United States and Canada and Mexico in July reached $72.4 billion, up 18.1 percent compared with July 2010's value, according to the U.S. Department of Transportation’s Bureau of Transportation Statistics (BTS). Railed import value jumped 37.5 percent to $7.6 billion and railed export value climbed 33.7 percent to $4.4 billion.

The value of freight moved between the United States and Canada via rail, truck and pipeline in July totaled $22.4 billion, up 17 percent year over year. Railed imports were valued at $4.8 billion, up 20.5 percent from July 2010’s level but down from June 2011’s $5.2 billion, according to BTS data. Railed exports were valued at $2.3 billion, up 17 percent year over year but down slightly from June’s $2.4 billion.

The value of freight moved between the United States and Mexico in July totaled $29.9 billion, up 19.7 percent. Railed import value ballooned 80.6 percent to $2.8 billion — about equal to June’s level — and railed export value soared 59.6 percent to $2.1 billion, down slightly from June’s total.

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


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