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The value of transborder freight moved by rail between the United States, Canada and Mexico in January was valued at $13.9 billion, down 1.9% from December 2020's level, according to U.S. Bureau of Transportation Statistics (BTS) data.
Year over year, freight moved by rail in January rose 3.7% in value, according to a news release.
The value of freight moved by all transportation modes between the three countries in January totaled $94.3 billion, down 2.6% from December's mark and down 2.9% year over year.
Rail was the second-most-used mode in January as measured by value. Freight moved by rail accounted for 14.7% of all transborder freight transported during the month.
In January, $7.4 billion worth of freight was moved by rail between the United States and Canada, up 0.8% from December and up 0.9% from the same 2020 period; and $6.4 billion worth of freight was moved between the United States and Mexico, down 4.8% from December but up 7.2% year over year.
The three busiest rail border ports — representing 54.6% of total transborder railed freight in January — were in Laredo, Texas; Detroit; and Eagle Pass, Texas. The top three rail commodities moved during the month, representing 57% of total transborder railed freight, were motor vehicles and parts, mineral fuels and plastics.