Rail News Home Rail Industry Trends 10/6/2020 Rail News: Rail Industry Trends
image Rail represented 14.2% of all transborder freight moved in July.Photo – bts.gov

Transborder freight moved by all modes of transportation between the United States and Canada and Mexico fell  11.2% to $91 billion worth of goods in July compared with July 2019 levels, the U.S. Bureau of Transportation Statistics (BTS) reported late last month. 

Rail, the second-most used mode, moved $12.9 billion worth of goods during the month, down 13% year over year but up 14.7% compared with June 2020 levels. Rail represented 14.2% of all transborder freight moved in July, according to a BTS press release.

Year over year, freight moved by rail between the United States and Canada tumbled 17.6% to $6.4 billion worth of goods in July; freight moved by rail between the United States and Mexico fell 8% to $6.5 billion worth of goods.

The three busiest rail border ports and value of goods moved in July were in Laredo, Texas, $3.3 billion; Detroit, $2 billion; and Eagle Pass, Texas, $2 billion.

The top three rail commodities during the month were motor vehicles and parts, worth $6.6 billion; computers and parts, $600 million; and plastics, worth $600 million.

Those top three commodities represented 61.4% percent of the total transborder freight moved by rail.

Contact Progressive Railroading editorial staff.

More News from 10/6/2020


Original link