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Rail News Home Rail Industry Trends

3/28/2024



Rail News: Rail Industry Trends

BTS: Transborder freight-by-rail value fell 6.9% in January


The value of North American transborder freight moved by rail in January decreased nearly 7% compared with January 2023 levels.
Photo – U.S. Bureau of Transportation Statistics

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The value of transborder freight moved by rail in January, between the United States, Canada and Mexico, totaled $15.6 billion, a 6.9% decrease compared to the value of freight moved by rail in January 2023, according to the U.S. Bureau of Transportation Statistics (BTS).

Freight moved in January by all modes of transportation between the three nations totaled $124.2 billion, down 1.3%.

The value of freight moved by rail between the United States and Canada in January totaled $8.2 billion, while the value of cargo moved via rail between the United States and Mexico that month totaled $7.4 billion.

Measured by the value of goods, the top three busiest rail border ports for cargo moved by rail between the United States and Canada in January were Detroit, $2.2 billion; Port Huron, Michigan, $1.9 billion; and International Falls, Minnesota, $1 billion.

The top three commodities — as measured by the value of goods — moved by rail between the United States and Canada were vehicles and parts, $2.9 billion; mineral fuel, $800 million; and plastics, $500 million.

The top three rail ports between the United States and Mexico were in Laredo, Texas, $3.8 billion; Eagle Pass, Texas, $1.9 billion; and Nogales, Arizona, $700 million.

The top three commodities — as measured by the value of goods — moved via rail between the United States and Mexico, were vehicles and parts, $3.7 billion; computers and parts, $500 million; and mineral fuels, $400 million.



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