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Rail News: Rail Industry Trends

Value of goods moving between NAFTA nations soared in September


In September, the value of trade moved by surface transportation modes between the United States and Canada and Mexico reached $68.3 billion, up 19.3 percent compared with September 2009 data, according to the U.S. Department of Transportation’s Bureau of Transportation Statistics (BTS). However, the total value remained 4.8 percent below September 2008’s level.

The value of freight moved in September between the United States and Canada via rail, truck and pipeline totaled $40.2 billion, up 15.7 percent year over year. Railed imports were valued at $4.8 billion, up 26 percent, and railed exports were valued at $2.1 billion, up 16.2 percent, according to BTS data.

The value of freight moved between the United States and Mexico via surface transportation modes totaled $28.1 billion, up 24.8 percent. Railed import value shot up 44.7 percent to $2.7 billion and railed export value ballooned 29.4 percent to $1.7 billion.

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More News from 12/1/2010