U.S. Freight Trade With Mexico, Canada Declined in April

06/23/16 The Wall Street Journal

Cross-border trade between the North American Free Trade Agreement nations has been slowing as ocean and pipeline shipments of crude oil have plummeted, but the trucking business is holding its ground.

The U.S. Bureau of Transportation Statistics reported that total freight flows across the U.S. borders with Canada and Mexico reached $90.4 billion in value in April, down 3.2% compared with April of 2015. April was the 16th consecutive month of year-over-year declines in the measure, which includes goods moved by truck, rail, pipeline, ocean vessel and aircraft.

Air shipments were down 10.4% and rail shipments, the second-largest sector within the cross-border North American freight business, fell 3.4%

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