November 20, 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 $136.3 billion in September, up 3.4% compared to September 2023.
Freight between the U.S. and Canada: $63.8 billion, down 1.4% from September 2023. Freight between the U.S. and Mexico: $72.5 billion, up 8.0% from September 2023. Mexico continued to lead Canada in freight dollar value for the last 19 months.
Trucks moved $88.5 billion of freight, up 7.7% compared to September 2023 and railways moved $17.0 billion of freight, down 5.4% compared to September 2023.
Vessels moved $10.1 billion of freight, down 13.5% compared to September 2023 and pipelines moved $8.5 billion of freight, down 7.7% compared to September 2023. Air moved $4.6 billion of freight, down 5.3% compared to September 2023.