NAFTA Freight Flows Drop in February
Freight flows between the U.S. and its NAFTA partners were down in February after rising in January, according to statistics released May 1 by the Department of Transportation. The value of total U.S. trade with Canada and Mexico by all modes of transportation:
- fell 2.3% from January, including an increase of 4.8% for rail along with decreases of 2.7% for truck, 7.5% for pipeline, 2.6% for vessel and 6.5% for air;
- was down 1.0% from February 2012, including increases of 0.8% for rail and 10.7% for vessel but decreases of 2.5% for truck, 5.1% for pipeline and 7.3% for air; and
- was up 65.3% compared to February 2004, including 52.2% for truck, 58.3% for rail, 133.4% for pipeline, 36.7% for air and 189.3% for vessel.
Canada. U.S.-Canada trade totaled $48.9 billion in February, down 4.2% for the month and 1.8% from the previous year. For the month there was an increase in the value of freight carried by rail (0.8%) but decreases for truck (1.8%), pipeline (8.0%), vessel (17.2%) and air (5.3%). For the year ending in February there were gains in the value of freight carried by rail (0.4%) and vessel (18.3%) but declines for truck (2.7%), pipeline (4.5%) and air (2.2%).
Mexico. U.S.-Mexico trade rose 0.2% in February to $39.6 billion, a 0.1% drop from a year earlier. There were increases in the value of freight carried by rail (11.9%), pipeline (5.5%) and vessel (5.3%) but decreases for truck (3.6%) and air (8.8%). For the year ending in February there were gains in the value of freight carried by rail (1.3%) and vessel (7.7%) but declines for truck (2.3%), pipeline (15.1%) and air (15.7%).