Commerce report from July: Truck freight experienced minor decrease

By Tyson Fisher, Land Line staff writer | Tuesday, September 29, 2015

The U.S. Department of Transportation’s Bureau of Transportation Statistics (BTS) reports that in July trucks moved nearly 64 percent of all the international freight, with trains, planes, ships and pipelines picking up the rest.

The value of freight hauled across the borders decreased by more than 6 percent when compared with June when freight went up nearly 7 percent. All modes, except for air, carried less freight when compared with last July.

Vessel and pipeline freight continue to suffer when compared to last year, contributing to the monthly decline in U.S.-NAFTA trade flow, according to BTS. Freight totaled $93 billion, down more than $6 billion from the previous month and down more than $8 billion from July 2014.

Pipeline freight experienced the steepest decline at nearly 35 percent, a slight improvement from the 40 percent drop in June. Air freight experienced the only net gain over the past 12 months with a 3.4 percent increase. Trucks had the smallest loss at less than 1 percent.

Trucks were responsible for nearly $60 billion of the $93 billion of imports and exports in July. Rail came in second with a contribution of nearly $13 billion.

Nearly 60 percent of U.S.-Canada freight was moved by trucks, followed by rail at 14.3 percent. U.S.-Mexico freight went down by 0.8 percent compared with July 2014. Of the $45.5 billion of freight moving in and out of Mexico, trucks carried more than 70 percent of the loads.

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