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Wednesday, April 14, 2021

Trucks Carried 63% of U.S.-NAFTA Freight In July

 

U.S.-NAFTA freight totalled $89.2 billion as all five major transportation modes carried more freight by value with North American Free Trade Agreement partners Canada and Mexico in July 2017 compared to July 2016, according to the TransBorder Freight Data released by the U.S. Department of Transportation’s Bureau of Transportation Statistics.

The 6.5 percent rise from July 2016 is the ninth consecutive month in which the year-over-year value in current dollars of U.S.-NAFTA freight increased from the same month of the previous year.

The value of commodities moving by vessel increased 24.0 percent, pipeline by 23.1 percent, rail by 4.4 percent, truck by 4.0 percent, and air by 2.3 percent. The large percentage increase in the value of goods moving by vessel and pipeline is due in part to an increase in the volume of mineral fuel imports.

Trucks carried 63.2 percent of U.S.-NAFTA freight and continued to be the most utilized mode for moving goods to and from both U.S.-NAFTA partners. Trucks accounted for $28.9 billion of the $47.6 billion of imports (60.7 percent) and $27.5 billion of the $41.6 billion of exports (66.2 percent).

Rail remained the second largest mode by value, moving 15.1 percent of all U.S.-NAFTA freight, followed by vessel, 7.1 percent; pipeline, 5.6 percent; and air, 3.9 percent. The surface transportation modes of truck, rail and pipeline carried 84.0 percent of the total value of U.S.-NAFTA freight flows.

From July 2016 to July 2017, the value of U.S.-Canada freight flows increased by 5.6 percent to $44.8 billion as the value of freight on four major modes increased from a year earlier. The value of freight carried on vessel increased by 29.7 percent, pipeline by 26.7 percent, rail by 4.7 percent, and truck by 2.5 percent. Air decreased by 1.3 percent.

Trucks carried 57.9 percent of the value of the freight to and from Canada. Rail carried 15.6 percent followed by pipeline, 10.6 percent; air, 4.6 percent; and vessel, 4.5 percent. The surface transportation modes of truck, rail and pipeline carried 84.1 percent of the value of total U.S.-Canada freight flows.

From July 2016 to July 2017, the value of U.S.-Mexico freight flows increased by 7.4 percent to $44.4 billion as the value of freight on four major modes increased from a year earlier. The value of commodities moved by vessel increased by 21.5 percent, air by 8.4 percent, truck by 5.4 percent, and rail by 4.2 percent. Pipeline decreased by 16.1 percent.

Trucks carried 68.6 percent of the value of freight to and from Mexico. Rail carried 14.6 percent followed by vessel, 9.7 percent; air, 3.1 percent; and pipeline, 0.6 percent. The surface transportation modes of truck, rail and pipeline carried 83.9 percent of the value of total U.S.-Mexico freight flows.