April 26, 2024
According to the U.S. Bureau of Transportation Statistics, transborder freight between the U.S. and the other North American countries (Canada and Mexico) by all modes of transportation was valued at $128.9 billion in February, up 7.5% compared to February 2023.
Freight between the U.S. and Canada totaled $61.9 billion, up 4.4% from February 2023 and freight between the U.S. and Mexico totaled $67.0 billion up 10.6% from February 2023
Trucks moved $83.4 billion of freight, up 9.9% compared to February 2023 and railways moved $17.1 billion of freight, up 2.8% compared to February 2023.
Vessels moved $10.0 billion of freight, up 15.7% compared to February 2023, pipelines moved $8.1 billion of freight, down 15.2% compared to February 2023 and air moved $4.6 billion of freight, up 16.1% compared to February 2023