January NAFTA Freight decreases slightly

 

U.S.-NAFTA freight totaled $89.3 billion in January 2015 as three out of five transportation modes – rail, truck, and air – carried more U.S.-NAFTA freight than in January 2014, according to the TransBorder Freight Data released today by the U.S. Department of Transportation’s Bureau of Transportation Statistics (BTS). Year-over-year, the value of U.S.-NAFTA freight flows by all modes decreased by 1.2 percent. The value of NAFTA trade by pipeline and vessel declined in January due to the reduced unit price of mineral fuel shipments.

Freight by Mode

In January 2015 compared to January 2014, the value of commodities moving by rail grew by the largest percentage of any mode, 4.8 percent. Truck freight increased by 3.6 percent and air rose by 1.3 percent. Vessel freight decreased by 21.8 percent and pipeline freight decreased by 22.5 percent mainly due to lower unit price of mineral fuel shipments.

Trucks carried 62.3 percent of U.S.-NAFTA freight and are the most heavily utilized mode for moving goods to and from both U.S.-NAFTA partners. Trucks accounted for $27.4 billion of the $47.5 billion of imports (57.7 percent) and $28.2 billion of the $41.8 billion of exports (67.6 percent).

Rail remained the second largest mode, moving 14.5 percent of all U.S.-NAFTA freight, followed by vessel, 7.8 percent; pipeline, 6.6 percent; and air, 3.9 percent. The surface transportation modes of truck, rail and pipeline carried 83.4 percent of the total U.S.-NAFTA freight flows.

U.S.-Canada Freight

U.S.-Canada freight totaled $48.1 billion in January 2015 as three out of five transportation modes –air, truck, and rail– carried more U.S.-Canada freight than in January 2014. Year-over-year, the value of U.S.-Canada trade by air increased the most of any mode, growing by 3.4 percent. Truck freight increased by 2.7 percent and rail rose by 1.8 percent. Vessel freight decreased by 19.0 percent and pipeline decreased by 22.5 percent, mainly due to lower mineral fuel prices.

Trucks carried 55.0 percent of the $48.1 billion of freight to and from Canada, followed by rail, 15.7 percent; pipeline, 11.6 percent; vessel, 5.8 percent and air, 4.8 percent. The surface transportation modes of truck, rail and pipeline carried 82.4 percent of the total U.S.-Canada freight flows.

Trucks carried 70.8 percent of the $41.2 billion of freight to and from Mexico, followed by rail, 13.1 percent; vessel, 10.1 percent; air, 2.8 percent; and pipeline, 0.7 percent. The surface transportation modes of truck, rail and pipeline carried 84.6 percent of the total U.S.-Mexico freight flows.