Transborder Freight Value Fell in January

The value of transborder freight among the United States, Canada and Mexico in January fell nearly 2 percent compared with December.

The U.S. Bureau of Transportation Statistics said the value of transborder freight was $13.9 billion, a decline of 1.9 percent.

On a year-over-year comparison, freight moved by rail in January was up 3.7 percent in value.

The value of freight moved by all transportation modes moving among the three countries in January was $94.3 billion, down 2.6 percent compared with December and down 2.9 percent on a year-over- year comparison.

In a news release, BTS said rail was the second-most-used mode in January as measured by value, accounting for 14.7 percent of transborder freight during the month.

In January, $7.4 billion worth of freight moved by rail between the United States and Canada, up 0.8 percent from December and up 0.9 percent from the same 2020 period.

Between the United States and Mexico, railroads handled $6.4 billion in freight, down 4.8 percent from December but up 7.2 percent year over year.

The three busiest rail border ports — representing 54.6 percent of total transborder freight in January — were Laredo, Texas; Detroit; and Eagle Pass, Texas.

The top three rail commodities moved during the month, representing 57 percent of total transborder freight by rail, were motor vehicles and parts, mineral fuels, and plastics.

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