U.S. DOT: Trucks moving more than 67 percent of NAFTA freight

By Tyson Fisher, Land Line staff writer | Thursday, April 28, 2016

The U.S. Department of Transportation’s Bureau of Transportation Statistics reports that in February trucks moved more than 67 percent of all the international freight – with trains, planes, ships and pipelines picking up the rest. Freight movement was down in three of five modes.

The value of freight hauled across the borders increased by 2 percent compared with January when freight went down nearly 5 percent from the previous month. February marks the first month-to-month increase since last October. All modes carried less freight when compared with February 2015 except for trucks and rail.

Year-to-year, NAFTA freight was down every month in 2015.

Trucks were responsible for nearly $57 billion of the $84 billion of imports and exports in February. Rail came in second with more than $13 billion. 

Vessel and pipeline freight when compared with last year contributed to the yearly decline in U.S.-NAFTA trade flow due to plummeting crude oil prices, according to BTS. Freight totaled $84 billion, up $1.6 billion from the previous month and down $1.7 billion from February 2015.

Vessel freight experienced the steepest decline at 41 percent, a steeper drop than January’s 37.3 percent decrease. Together, all modes are down 2 percent from last year.

Nearly 62 percent of U.S.-Canada freight was moved by trucks, followed by rail at nearly 17 percent. U.S.-Mexico freight went up by 2 percent compared with February 2015. Of the $41.4 billion of freight moving in and out of Mexico, trucks carried nearly 74 percent of the loads.

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