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6/1/2006



Rail News: Rail Industry Trends

Surface transportation trade between the United States and NAFTA partners hits high-water mark in March



In March, surface transportation trade between the United States and Canada and Mexico totaled $68.2 billion — a monthly record and 14.8 percent increase compared with March 2005, according to the U.S. Department of Transportation’s Bureau of Transportation Statistics. The previous record of $64 billion was set in October 2005.

The value of imported products moving via rail totaled $8 billion, a 14 percent increase compared with March 2005 and 13.9 percent rise compared with February 2006. The value of railed exports totaled $3.6 billion, an increase of 10.8 percent and 15.7 percent compared with March 2005 and February 2006, respectively.

March U.S.-Canada surface transportation trade rose 11.4 percent to $44 billion compared with the same 2005 period. The value of railed imports totaled $5.7 billion, up 6.4 percent, and railed exports totaled $2 billion, up 8 percent compared with March 2005.

March U.S.-Mexico surface transportation trade rose 21.5 percent to $24.2 billion compared with the same 2005 period. The value of railed imports totaled $2.4 billion, up 37.9 percent, and railed exports totaled $1.5 billion, up 14.8 percent compared with March 2005.


Contact Progressive Railroading editorial staff.

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