June 2015 North American freight numbers released
Posted September 1, 2015
On August 27, 2015, the Bureau of Transportation Statistics (BTS) released its TransBorder Freight Data report, which showed that year-over-year, the value of U.S.-NAFTA freight flows decreased by 3.8 percent. Large decreases in the value of NAFTA trade by pipeline and vessel in June were due to the reduced unit price of mineral fuel shipments.
In June 2015 compared to June 2014, the value of commodities moving by truck increased by 5.1 percent, while rail decreased by 4.5 percent and air by 8.9 percent. Vessel freight values decreased by 24.4 percent and pipeline freight decreased by 40.0 percent mainly due to the lower unit price of mineral fuel shipments.
The value of U.S.-Canada freight totaled $52.0 billion in June 2015, down 10.3 percent from June 2014, as all modes of transportation carried a lower value of U.S.-Canada freight than a year earlier. A recession in Canada likely contributed to the decrease of U.S.-Canada freight flows.
The value of U.S.-Mexico freight totaled $47.1 billion in June 2015, up 4.4 percent from June 2014, as three out of five transportation modes – truck, rail and air – carried more U.S.-Mexico freight than in June 2014. Year-over-year, the value of U.S.-Mexico truck freight rose 10.5 percent, the largest percentage increase of any mode. Freight carried by rail increased by 5.4 percent and freight by air increased by 0.6 percent. Pipeline freight decreased by 24.3 percent and vessel freight decreased by 26.1 percent, mainly due to lower mineral fuel prices.
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