Friday, October 28, 2016

US Cross Border Air Freight and Truck Haulage Volumes Up from Last Year

August Figures Show First Increase for Some While
Shipping News Feature
NORTH AMERICA – According to figures released by the US Department of Transportation’s Bureau of Transportation Statistics (BTS) cross- border freight carried by air and truck increased by value by 0.7% in August 2016 compared to August 2015, resulting in $93.1 billion in total current dollar value of freight moved between the US, Mexico and Canada. August was the first month since December 2014 where the total value of US freight with the two North American Free Trade Agreement (NAFTA) partners increased from the same month of the previous year.

However, though the value of commodities moving by air and truck increased 4.9% and 3.4% respectively the value of freight carried on other modes decreased; rail by 0.3%, pipelines by 4.5% and vessel by 12.5%.

Trucks carried 65.3% of US-NAFTA freight and continued to be the most heavily utilized mode for moving goods to and from both US-NAFTA partners. Trucks accounted for $31.2 billion of the $49.7 billion of imports (62.8%) and $29.6 billion of the $43.4 billion of exports (68.3%).

From August 2015 to August 2016, three transportation modes – air, rail, and truck – carried a higher value of US-Canada freight than a year earlier. However, the total value of US-Canada freight fell to $47.3 billion, down 1.4% from a year earlier, due to decreases in the value of goods moved by vessel and pipeline. Trucks carried 59.6% of the value of the freight to and from Canada while rail carried 16.5% followed by pipeline at 9.0%. Air freight made up 4.7% and ships 3.8%.

The value of US-Mexico freight increased by 3% to $45.8 billion as three modes of transportation – pipeline, truck and air – carried a higher value of US-Mexico freight than a year earlier. Freight carried by pipeline increased by 45.1%, truck by 5.4% and air by 0.1%. Rail decreased 3.8% and ships by 4.9 %. Trucks carried 71.2 percent of the value of freight to and from Mexico. Rail carried 14.1 percent followed by vessels at 7.8%, air at 2.8% and pipelines carried 1.1%.

Photo: The US-Mexican border sees a constant stream of traffic.