Value of Transborder Freight up 30% in March

The U.S. Bureau of Transportation Statistics said this week the volume of freight moved by rail among the United States, Canada and Mexico in March was worth $16.7 billion, up 30 percent compared with February 2021 and up 11.4 percent compared with March 2020.

The latter month marked the start of the COVID-19 pandemic that depressed rail traffic.

Rail freight in March 2021 was up 2.8 percent compared with $16.2 billion in March 2019.

By border, the value of freight moved between the United States and Canada in March was $9.4 billion, up 29.6 percent compared with February’s level and up 18.5 percent compared with March 2020.

The value of freight moved between the United States and Mexico was up 30.6 percent compared with February and up 3.5 percent compared with March 2020.

The top three commodities moved by rail in March were motor vehicles and parts at $7 billion, mineral fuels at $1.6 billion, and wood and articles, up $1.1 billion.

Total transborder freight moved by all modes in March was $114.6 billion, up 19.5 percent compared with February levels and up 16 percent compared with March 2020.

Transferred freight rose 6.9 percent compared with the $107.2 billion worth of freight moved in March 2019.
The most widely used mode for freight was truck with rail coming in second.

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