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NAFTA Monthly Freight Flow Values See Third Straight Increase

Monday, March 27, 2017
Sandler, Travis & Rosenberg Trade Report

The value of monthly freight flows between the U.S. and its NAFTA partners jumped 6.7 percent in January from a year earlier, according to information released March 23 by the Department of Transportation. The January year-on-year increase was the largest since September 2014 and the third straight month of such gains.

Total freight flow values in January totaled $88.0 billion. The value of total U.S. trade with Canada soared 7.1 percent year-on-year to $45.0 billion, and the value of U.S. trade with Mexico rose 6.3 percent to $43.0 billion, as the value of freight carried on all five major modes of transportation increased with respect to both countries.

Vehicles and parts retained their spot as the top commodity category for all modes transported between the U.S. and Canada in January while electrical machinery stayed in the top spot in U.S.-Mexico trade.

Percentage changes in the value of monthly U.S. freight flows with Canada and Mexico by mode of transportation from January 2016 to January 2017 include the following.

 

Total

Canada

Mexico

 

Imports

Exports

Imports

Exports

Imports

Exports

Truck

-0.6

+1.5

+0.6

+0.4

-1.4

+2.7

Rail

+6.7

+3.3

+5.8

+15.4

+7.8

-6.7

Vessel

+47.0

+36.4

+37.9

-30.7

+54.8

+62.1

Air

+15.3

+12.6

+17.1

+17.0

+12.4

+6.0

Pipeline

+40.3

+51.7

+40.9

+60.0

-48.7

+32.5

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