The U.S. Department of Commerce reports that in January, trucks moved more than 60 percent of all the international freight, with trains, planes, ships and pipelines picking up the rest.
The dollar value of freight hauled across the borders by U.S., Canadian and Mexican truckers in January was more than 1 percent less than a year earlier.
Reduced value of mineral fuels led to a decrease in January 2015 U.S.-NAFTA trade flow, according to the TransBorder Freight Data released by the Bureau of Transportation Statistics. Freight totaled $89.3 billion, the third consecutive month of decreasing freight flows when compared with the previous month.
Three of five modes experienced an increase in commodity value when compared with January 2014. Rail freight had the highest growth at a rate of 4.8 percent. Truck cargo increased 3.6 percent and air freight went up 1.3 percent. Vessel freight experienced a decline of 21.8 percent and pipeline freight went down 22.5 percent, resulting in the net loss for all cargo in January.
Trucks were responsible for nearly $55.6 billion of the $89.3 billion of imports and exports in January. Rail came in at second with a contribution of $9 billion. When compared to January 2014, truck and rail contributions were not enough for an increase due to significant losses from vessel and pipeline freight.
Approximately 55 percent of U.S.-Canada freight was moved by trucks, followed by rail at 15.7 percent. U.S.-Mexico freight went up by 9.4 percent for 2014. Of the $41.2 billion of freight moving in and out of Mexico, trucks carried 70.8 percent of the loads.
Copyright © OOIDA