Freight Transport Levels Record 3.4% Fall

News: Freight transport levels in the US and Canada registered a fall of 3.4% year-on-year in January, reports, citing federal data released by the US Department of Transportation. The drop, which was the sharpest since November 2009, was attributed to the severe weather conditions. In the reported period, truck and rail trade dropped 4.9% and 9.9%. Air trade also reported a drop, while growth was recorded by pipeline and vessel trade. During January, US-Mexico trade climbed 3.9% on the back of less weather impact on the southern border. However, US-NAFTA trade recorded a marginal decline of 0.2%.

This article is tagged to:
Sector: Freight Transport, Shipping
Geography: United States, Canada, Mexico

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