North American transborder freight carried by railroads declined in January from the identical month the earlier yr whilst shipments hauled by vans elevated by double digits.
Total transborder freight totaled $134.4 billion in January, the Bureau of Transportation Statistics (BTS) mentioned, a rise of 8.2% from January 2024.
Railroads moved $15.2 billion of that, down 2.7% y/y, whereas vans accounted for $87.6 billion, up 10.2%.
Whereas January traditionally is a slack interval for many freight, these points have been magnified for Canadian railroads CN (NYSE: CNI) and CPKC (NYSE: CP), which struggled with dwell occasions shifting intermodal containers out of the busy western ports.
On the identical time, truck volumes improved at each borders as logistics planners appeared to remain forward of looming U.S. tariffs.
Amongst different modes tracked by BTS, pipelines moved $10.4 billion of freight, up 7%; vessels moved $8.2 billion, down 18.3%; and $6.1 billion moved by air, up 48.3%.
Freight shifting between the USA and Canada totaled $64.8 billion, up 8.6% from January 2024. Freight between the U.S. and Mexico was $69.6 billion, up 7.9%.
| U.S.-Canada (each instructions)({Dollars} in Billions) | U.S.-Mexico (each instructions)({Dollars} in Billions) | ||
| Truck | $35.6 | Truck | $52 |
| Pipeline | $9.6 | Rail | $7.4 |
| Rail | $7.8 | Vessel | $5.3 |
| Vessel | $2.9 | Air | $2.1 |
| Air | $4 | Pipeline | $0.8 |
Detroit and Port Huron, Michigan, and Buffalo, New York, are the highest truck ports for U.S. freight flows with Canada, whereas Laredo and El Paso, Texas, and Otay Mesa, California, are the highest truck ports with Mexico. Detroit, Port Huron and Worldwide Falls, Minnesota, are the highest rail connection ports for U.S. freight flows with Canada, whereas Laredo, El Paso and Eagle Move, Texas, are the highest rail connection ports with Mexico.
| U.S.-Canada Commerce Breakdown | U.S.-Mexico Commerce Breakdown |
| Prime three rail US-Canada rail ports | Prime three US-Mexico rail ports | ||
| Detroit | $2.2 billion | Laredo, TX | $3.7 billion |
| Port Huron, MI | $1.8 billion | Eagle Move, TX | $2.1 billion |
| Int’l Falls, MN | $1 billion | Nogales, AZ | $0.7 billion |
Breakdown of transborder commerce
| Prime three truck ports | Prime three truck ports | ||
| Detroit | $8.6 billion | Laredo, TX | $23.2 billion |
| Port Huron, MI | $7.3 billion | El Paso-Ysleta, TX | $7.7 billion |
| Buffalo, NY | $6.3 billion | Otay Mesa, CA | $4.9 billion |
| Prime three truck commodities | Prime three truck commodities | ||
| Computer systems/components | $5.5 billion | Computer systems/components | $13 billion |
| Autos/components | $4.6 billion | Electrical equipment | $11.4 billion |
| Valuable metals | $2.4 billion | Autos/components | $6.7 billion |
| Prime three rail commodities | Prime three rail commodities | ||
| Autos/components | $2.6 billion | Autos/components | $3.6 billion |
| Mineral gas | $0.8 billion | Drinks/spirits | $0.7 billion |
| Plastics | $0.6 billion | Pc equipment | $0.5 billion |
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