U.S.-NAFTA freight totaled $89.2 billion in July, the U.S. Department of Transportation reported today. That’s 6.5 percent more than in July 2016, and makes the ninth consecutive month in which the year-over-year value in NAFTA freight had a year-over-year monthly increase.
Trucks continued to be the most highly utilized transport mode, carrying 63.2 percent of all freight with Canada and Mexico. Trucks accounted for $28.9 billion of the $47.6 billion in imports or 60.7 percent, and $27.5 billion of the $41.6 billion in exports or 66.2 percent.
By value, rail was the second-largest mode, moving 15.1 of U.S.-NAFTA freight. That was followed by vessel, (7.1 percent); pipeline (5.6 percent); and air (3.9 percent).
Truck, rail and pipeline combined carried 84.0 percent in total value of NAFTA freight.
Compared with July last year, the value of U.S.-Canada freight increased 5.6 percent to $44.8 billion, with truck accounting for 2.5 percent of the goods transported. Overall, however, trucks carried 57.9 percent of the value of freight to and from Canada.
The value of U.S.-Mexico freight increased by 7.4 percent this July to $44.4 billion, compared with July 2016. All modes carried 83.9 percent of the total U.S.-Mexico freight.
Mineral fuels were the No. 1 commodity traded between the U.S. and Canada, most of it (65.5 percent), carried by pipeline.
Vehicles and parts were the top commodities traded between U.S. and Mexico and 49.6 percent of that or $4.1 billion worth, was transported by truck.