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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.

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Carload volumes were up 2.8 percent at 304,276, and intermodal volume for the week ending August 16 was up 5.4 percent at 270,316 containers and trailers.

Even though this data can be viewed as “old” in the sense that there is not a whole lot new to report about the port labor talks, it does a good job of looking into the mindset of shippers as talks continue.

Company officials said this service will be provided without any type of additional cost for customer shipments traveling from Ohio, Michigan, and Indiana, with expedited services available to customers outside of this area.

FTR says both spot rates and contract rates are heading up in a full capacity environment and with the fall shipping season rapidly approaching, it explained conditions for shippers could further deteriorate.

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