US-NAFTA shipping totaled $88. 0 billion within current dollars as all 5 major transportation modes carried a lot more freight by value with United states Free Trade Agreement (NAFTA) companions Canada and Mexico in The month of january 2017 compared to January 2016, based on the TransBorder Freight Data released these days by the US Department of Transportation’ s Bureau of Transportation Stats (BTS).
The six. 7 percent rise from The month of january 2016 was the largest year-over-year boost since the September 2014 increase more than September 2013. It was also the 3rd straight month in which the year-over-year associated with US-NAFTA freight increased from the exact same month of the previous year.
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Freight by Mode
The value of commodities moving simply by pipeline increased 42. 7 %, vessel by 41. 8 %, air by 13. 7 %, rail by 5. 5 percent, plus truck by 0. 4 %. The large percentage increase in the value of items moving by pipeline and boat was largely due to a 66 % increase in the year-over-year price of commodity future trading between January 2016 and The month of january 2017.
Trucks transported 62. 5 percent of U. T. -NAFTA freight and continued to be probably the most heavily utilized mode for shifting goods to and from both U. S i9000. -NAFTA partners. Trucks accounted for $28. 2 billion of the $47. almost eight billion of imports (59. one percent) and $26. 8 billion dollars of the $40. 2 billion associated with exports (66. 6 percent).
Rail remained the second biggest mode by value, moving fifteen. 0 percent of all U. S i9000. -NAFTA freight, followed by vessel, seven. 0 percent; pipeline, 6. four percent; and air, 3. nine percent. The surface transportation modes associated with truck, rail and pipeline transported 84. 0 percent of the overall value of U. S. -NAFTA shipping flows.
From January 2016 to January 2017, the value of Oughout. S. -Canada freight flows improved by 7. 1 percent to $45. 0 billion as the value of shipping on five major modes improved from a year earlier. The value of shipping carried on pipeline increased by forty-four. 0 percent, air by seventeen. 0 percent, vessel by thirteen. 0 percent, rail by 6. 5 percent, and truck by zero. 5 percent. The increase in the value of goods moved in pipeline reflects the particular increased value of mineral fuels 12 months over year.
Vehicles carried 56. 8 percent from the value of the freight to and from North america. Rail carried 16. 1 percent then pipeline, 11. 8 percent; atmosphere, 4. 8 percent; and boat, 4. 1 percent. The surface transportation settings of truck, rail and pipeline carried 84. 7 percent from the value of total U. S. -Canada freight flows.
From The month of january 2016 to January 2017, the significance of U. S. -Mexico freight runs increased by 6. 3 % to $43. 0 billion since the value of freight on five main modes increased from a year previously. The value of commodities moved by ship increased by 58. 9 %, pipeline by 26. 4 %, air by 8. 6 %, rail by 2 . 1 percent, plus truck by 0. 3 %. The increase in the value of commodities transferred by vessel reflects the improved value of mineral fuels year more than year.
Trucks transported 68. 6 percent of the associated with the freight to and from Mexico. Train carried 13. 9 percent from the value of freight to and from Mexico accompanied by vessel, 10. 1 percent; air, a few. 0 percent; and pipeline, zero. 8 percent. The surface transportation settings of truck, rail and pipeline carried 83. 2 percent from the value of total U. S. -Mexico freight flows.
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