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NAFTA Freight Flows Surge in June on Shipments of Vehicles and Parts

Friday, August 28, 2015
Sandler, Travis & Rosenberg Trade Report

The value of monthly freight flows between the U.S. and its NAFTA partners jumped 6.8 percent from May to June, to $99.0 billion, according to statistics released Aug. 27 by the Department of Transportation. However, the value of NAFTA freight flows was down 3.8 percent from a year earlier as all modes of transportation except truck carried less freight and the prices of mineral fuel shipments continued to fall.

Month-to-Month Changes. Percentage changes in the value of monthly U.S. freight flows by mode of transportation from May to June include the following.

 

Total

Canada

Mexico

 

Imports

Exports

Imports

Exports

Imports

Exports

Truck

+14.9

+4.9

+21.3

+3.3

+10.6

+6.9

Rail

+2.9

-4.5

-3.2

-5.5

+11.4

-3.4

Vessel

+7.7

-12.4

+13.6

-22.3

+3.5

-5.3

Pipeline

+10.4

+6.8

+10.7

+1.3

-24.1

+17.3

Air

+2.0

+2.3

+1.0

+4.0

+3.8

-0.5

Year-on-Year Changes. The value of total U.S. trade with Canada was down 10.3 percent from June 2014, and the DOT said a recession in Canada and lower mineral fuel prices likely contributed to this decrease. However, the value of U.S. trade with Mexico rose 4.4 percent amid gains for the truck, rail and air modes. Vehicles and parts was the top commodity category for all modes transported between the U.S. and Canada, surpassing mineral fuels for the fourth straight month, and was the top category for U.S.-Mexico trade as well.

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

 

Total

Canada

Mexico

 

Imports

Exports

Imports

Exports

Imports

Exports

Truck

+11.3

-0.8

+7.9

-6.1

+13.9

+6.3

Rail

-1.3

-10.1

-10.6

-13.8

+12.8

-5.9

Vessel

-28.0

-19.1

-10.4

-34.4

-37.5

-6.4

Pipeline

-41.2

-34.3

-41.3

-38.5

+22.8

-26.1

Air

-8.9

-9.0

-13.0

-14.3

-1.5

+2.1

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