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NAFTA Freight Flow Values Fall Again in February

Monday, April 27, 2015
Sandler, Travis & Rosenberg Trade Report

The value of monthly freight flows between the U.S. and its NAFTA partners fell another 4.0 percent from January to February to $85.7 billion, according to statistics released April 22 by the Department of Transportation. The value of total U.S. trade with Canada and Mexico was also down 4.3 percent from February 2014. Two out of five modes (air and truck) carried more freight by value in February than a year before, but the values of trade by pipeline and vessel were both down sharply due to the reduced unit price of mineral fuel shipments.

Percentage changes in the value of monthly U.S. freight flows by mode of transportation from February 2014 to February 2015 include the following.

Total

Canada

Mexico

Imports

Exports

Imports

Exports

Imports

Exports

Truck

+4.4

-2.3

+0.7

-5.4

+7.1

+1.8

Rail

-6.7

-5.4

-13.6

-12.6

+3.7

+2.7

Vessel

-30.5

-27.0

-19.9

-34.6

-36.1

-22.7

Pipeline

-24.1

-15.6

-24.0

-12.7

-63.5

-21.3

Air

+8.7

+1.5

+8.2

-0.4

+9.7

+5.5

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