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RAIL EMPLOYMENT & NOTICES



Rail News Home Rail Industry Trends

3/4/2009



Rail News: Rail Industry Trends

Value of goods moving between NAFTA nations rises in '08 despite November, December falls


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Last year, the value of trade goods moving by rail, truck or pipeline between the United States and Canada and Mexico reached $829.9 billion, up 4.1 percent compared with 2007’s total, according to the U.S. Department of Transportation’s Bureau of Transportation Statistics.

In December, surface transportation trade value totaled $52.9 billion, down 13.1 percent compared with December 2007 — the second-straight month the value fell more than 13 percent on a year-over-year basis. U.S.-Canada trade value dropped 17 percent to $32.9 billion and U.S.-Mexico trade value dipped 6 percent to $20 billion.

Railed imports between the three nations in December were valued at $5.2 billion, down 26.3 percent, while railed exports were valued at $3 billion, down 21.5 percent year over year.

The value of railed imports and exports between the United States and Canada plunged 31.2 percent to $3.5 billion and 26.9 percent to $1.7 billion, respectively. The value of railed imports and exports between the United States and Mexico fell 14.4 percent to 1.8 billion and 13.5 percent to $1.3 billion, respectively.


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