Cross-Border Trade Sees Biggest Jump of 2014
WASHINGTON, DC — Truckers hauled 10.2 percent more goods between the U.S. and its NAFTA partners, Canada and Mexico, in June ’14 than in June ’13, totalling $103 billion, according the U.S. Transportation Department.
It’s the biggest gain in cargo value so far this year and truck freight contributed the most; $4.4 billion; followed by pipeline with $2.1 billion.
Trucks carried 53.7 percent of the $57.9 billion of freight to and from Canada in June, followed by rail at 15.5 percent, pipeline at 13.3 percent, vessel at 6.2 percent and air at 4.5 percent. The surface transportation modes of truck, rail and pipeline carried 82.5 percent of the total U.S.-Canada freight flows.
Overall, trucks carried 59.5 percent of U.S.-NAFTA freight in June 2014, accounting for $29.8 billion of imports and $31.4 billion of exports. The surface transportation modes of truck, rail and pipeline carried 82.4 percent of the total U.S.-NAFTA freight flows.