* DC - Cross-border freight posts 7.2% annual decline
-- All five major transportation modes, including trucking, carried less freight between the U.S. and its neighbors of Canada and Mexico last year than in 2014, but big-rigs continue to dominate such cargo movements, according to new U.S. Transportation Department figures... Trucks carried 64.3% of so-called U.S.-NAFTA (North American Free Trade Agreement) freight last year, a 4.4 percentage point increase from 2014, and continued to be the most heavily used mode for moving goods to and from both U.S.-NAFTA partners. Trucks accounted for $359.8 billion of the $589.9 billion of imports, or 61%, and for $351.9 billion of the $516.4 billion of exports, or 68.2%... From 2014 to 2015, the value of U.S.-Canada freight flows fell 12.6% to $575.2 billion... The top commodity category transported between the U.S. and Canada in 2015 was vehicles and vehicle parts (other than railway vehicles and parts), valued at $103 billion with 60% moved by truck... Mexican freight down just slightly. The top commodity transported between the U.S. and Mexico in 2015 was electrical machinery at $103.8 billion, an increase of 7.5% from 2014, with $95.4 billion or 91.9% moved by trucks...
Washington, DC, USA - TruckingInfo, by Evan Lockridge - March 18, 2016Labels: trucking industry news USA and Canada, trucking markets
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