Transborder Freight Value Down in February

The value of transborder freight moving by rail among the United States, Canada and Mexico in February was $12.8 billion, down 7.5 percent compared with January’s level and down 10.8 percent compared with February 2020, according to the U.S. Bureau of Transportation Statistics.

BTS said the decrease in rail between 2021 and 2020 was primarily due to a decline in motor vehicles and parts, the largest commodity moved across the border by rail.

The value of freight moved by all transportation modes among the three countries in February totaled $95.9 billion, up 1.7 percent compared to January, but down 0.1 percent compared to February 2020.

Freight moved by rail represented 13.4 percent of all transborder freight during February.

Between the United States and Canada freight moving by rail was worth $7.3 billion, down 1.2 percent from a year ago.

The value of freight moving by rail between the United States and Mexico in February was worth $5.6 billion, down 20.8 percent year over year.

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