Thursday, January 18, 2018

U.S.-NAFTA freight up year-over-year for 12th straight month


Thursday, January 4, 2018
by THE TRUCKER NEWS SERVICES

Trucks carried 64.0 percent of U.S.-NAFTA freight and continued to be the most utilized mode for moving goods to and from both Canada and Mexico. (Associated Press)
Trucks carried 64.0 percent of U.S.-NAFTA freight and continued to be the most utilized mode for moving goods to and from both Canada and Mexico. (Associated Press)

WASHINGTON — U.S.-NAFTA freight totaled $100.6 billion as all five major transportation modes carried more freight by value with North American Free Trade Agreement (NAFTA) partners Canada and Mexico in October 2017 compared to October 2016, according to the TransBorder Freight Data released Thursday by the U.S. Department of Transportation’s Bureau of Transportation Statistics (BTS).

The 7.9 percent rise from October 2016 is the 12th consecutive month in which the year-over-year value of U.S.-NAFTA freight increased in current dollars from the same month of the previous year.

The value of commodities moving by vessel increased 32.6 percent, pipeline by 9.3 percent, air by 6.1 percent, truck by 5.7 percent, and rail by 3.3 percent.

The large percentage increase in the value of goods moving by vessel is due in part to an increase in the unit value and an 18.0 percent increase in the tonnage of mineral fuels traded.

Trucks carried 64.0 percent of U.S.-NAFTA freight and continued to be the most utilized mode for moving goods to and from both Canada and Mexico. Trucks accounted for $33.4 billion of the $54.5 billion of imports (61.2 percent) and $31.0 billion of the $46.1 billion of exports (67.3 percent) (Table 2).

Rail remained the second largest mode by value, moving 15.1 percent of all U.S.-NAFTA freight, followed by vessel, 6.6 percent; pipeline, 5.0 percent; and air, 3.8 percent. The surface transportation modes of truck, rail and pipeline carried 84.1 percent of the total value of U.S.-NAFTA freight flows.

Comparing October 2016 to October 2017, the value of U.S.-Canada freight flows increased by 6.8 percent to $49.7 billion as the value of freight on all five major modes increased from a year earlier. The value of freight carried on vessel increased by 61.9 percent due in part to an increase in the unit value and a 29.8 percent increase in the tonnage of mineral fuels traded. Pipeline increased by 11.6 percent, air by 8.9 percent, rail by 7.2 percent, and truck by 1.4 percent.

Trucks carried 57.7 percent of the value of the freight to and from Canada. Rail carried 16.2 percent followed by pipeline, 9.6 percent; air, 4.7 percent; and vessel, 4.4 percent. The surface transportation modes of truck, rail and pipeline carried 83.4 percent of the value of total U.S.-Canada freight flows.

Comparing October 2016 to October 2017, the value of U.S.-Mexico freight flows increased by 9.0 percent to $50.8 billion as the value of freight on three major modes increased from a year earlier. The value of freight carried on vessel increased by 21.8 percent due in part to an increase in the unit value and an 11.7 percent increase in the tonnage of mineral fuels traded. The value of commodities moved by truck increased by 9.5 percent, largely due to a 26.0 percent increase in the value of motor vehicles moved by truck. The value of goods moved by air increased by 1.9 percent. Rail decreased by 0.9 percent, and pipeline by 17.7 percent (Figure 4, Table 4).

Trucks carried 70.2 percent of the value of freight to and from Mexico. Rail carried 14.0 percent followed by vessel, 8.8 percent; air, 2.9 percent; and pipeline, 0.6 percent. The surface transportation modes of truck, rail and pipeline carried 84.7 percent of the value of total U.S.-Mexico freight flows.

In October 2017, the top commodity category transported between the U.S. and Canada was vehicles and parts, of which $4.7 billion, or 54.0 percent, moved by truck and $3.7 billion, or 43.1 percent by rail. The top commodity category transported between the U.S. and Mexico in October 2017 was vehicles and parts, of which $5.0 billion, or 49.6 percent, moved by truck and $4.0 billion, or 40.0 percent, moved by rail.

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