Subscribe to our free, weekly email newsletter!


BTS reports annual gain in Freight TSI

By Staff
June 27, 2014

The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported this week that U.S. trade with its North America Free Trade Agreement (NAFTA) partners Canada and Mexico increased 1.2 percent from April 2013 to April 2014 at $100.1 billion.

BTS said U.S.-NAFTA trade has seen annual gains in 9 of the last ten months, with January’s 0.2 percent decline the lone exception and due largely in part to severe
winter weather in the northern states and Canadian border.

Trucks and pipeline combined to move more than two-thirds of total NAFTA trade in May, with trucks at 60.3 percent and pipeline at 8.6 percent, according to BTS. Trucks represented $30.6 billion in exports and $29.8 billion in imports in April.

BTS said for individual modal growth, truck freight was up 0.7 percent, rail dropped 1.8 percent, and air and vessel were down 3.1 percent and 13.2 percent, respectively. Even with its decline, rail is still the second largest mode behind trucking, with 14.7 percent of U.S.-NAFTA trade, followed by pipeline at 8.6 percent, vessel at 7.9 percent, and air at 3.7 percent.

Subscribe to Logistics Management magazine

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your
entire logistics operation.
Start your FREE subscription today!

Recent Entries

The Port of Oakland has undertaken a series of measures in recent years to attract more import volume.

The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported this week that U.S. trade with its North America Free Trade Agreement (NAFTA) partners Canada and Mexico increased 8.2 percent from September 2013 to September 2014 at $102.2 billion.

NS said that the D&H lines it plans to acquire connect with the NS network at Sunbury, Pa. and Binghamton, N.Y. and give NS single-line routes from Chicago and the southeast U.S. to Albany, N.Y., which is in close proximity to NS’ Mechanicville, N.Y.-based intermodal terminal.

This follows a 1.6 cent decrease last week, which was preceded by a 5.4 gain the week before and stands as the first increase going back to the week of June 23, when the weekly average headed up 3.7 cents to $3.919 per gallon.

BNSF said that its 2015 capital expenditures will be allocated towards various areas of its business, including maintenance and expansion of the railroad to meet the expected demand for freight rail service, with 2015 representing the third straight year BNSF has invested a record annual capital expenditures investment.

Article Topics

News · All topics

Comments

Post a comment
Commenting is not available in this channel entry.


© Copyright 2013 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA