Transborder Freight Dropped 3.7% in November

The U.S. Bureau of Transportation Statistics said this week that the value of transborder freight moved by rail among the United States, Canada and Mexico decreased 3.7 percent to $13.9 billion worth of goods last November.

The comparison was with October 2020. On a year-over-year comparison, freight moved by rail in November 2020 was 0.8 percent less than in November 2012.

The value of freight moved by all modes of transportation among the three nations in November totaled $95.9 billion, down 6.1 percent compared with October and 3.2 percent compared with November 2019.

Rail was the second-most used mode in November as measured by value, making up 14.5 percent of all transborder freight.

In November, $7.2 billion worth of freight was moved by rail between the United States and Canada, down 5 percent compared with October but up 0.9 percent compared with the same month in 2019.

Between the U.S. and Mexico $6.7 billion worth of freight moved by rail, which was down 2.3 percent compared with October and down 2.5 percent compared with November 2019.

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