Value of Cross-Border Freight for All Modes Falls in January
All five major transportation modes – truck, rail, pipeline, vessel and air – carried less U.S. freight by value with North American Free Trade Agreement (NAFTA) partners Canada and Mexico in January 2016 than in January 2015. The total value of cross-border freight carried on all modes fell 7.7 percent from 2015 to $82.4 billion in current dollars, according to the most recent TransBorder Freight Data released by the U.S. Department of Transportation’s Bureau of Transportation Statistics (BTS).
From January 2015 to January 2016, the value of U.S.-Canada freight flows fell 12.7 percent to $42.0 billion as all modes of transportation carried a lower value of U.S.-Canada freight than a year earlier.
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