BTS: N. American June Transborder Freight Up 19.9%% on Yr
8/19 11:48 AM
BTS: N. American June Transborder Freight Up 19.9% on Yr
Barani Krishnan
DTN Refined Fuels Market Reporter
SECAUCUS, NJ (DTN) -- North American transborder freight moved by all modes
of transportation surged 19.9% in June compared to the same month last year,
the U.S. Bureau of Transportation Statistics reported Wednesday (8/19).
Total freight value for June reached $157.1 billion, BTS' records showed.
The broad-based June increase was driven by solid gains across all transport
modes, led by double-digit jumps in pipeline, air, truck, and rail shipments.
Transborder freight between the U.S. and Canada rose 17% to $67.9 billion,
while trade flows between the U.S. and Mexico expanded 22.2% to $89.2 billion.
Trucks carried $104.4 billion worth of freight in June, up 23% from a year
ago, while pipeline freight surged 38.9% to $11 billion during the same period.
Air freight value rose 24.2% to $6.2 billion compared to last year, while
rail shipments increased 11.0% to $17.1 billion and vessel freight ticked up
4.0% to $10.4 billion.
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