US-NAFTA freight totaled $95.8 billion in December 2014 as four out of five transportation modes – truck, rail, air, and pipeline – carried more US-NAFTA freight than in December 2013, according to data released by the US Department of Transportation’s Bureau of Transportation Statistics (BTS). Year-over-year, the value of US-NAFTA freight flows by all modes increased by 5.4%, with December marking the 11thconsecutive month of year-over-year increases.
The value of NAFTA trade by vessel declined in December due to the reduced price of mineral fuels. The rise in total pipeline freight value took place despite a decline in cost per unit, due to an increase in the volume of freight.
US-Canada freight totaled $53.1 billion in December 2014 as three out of five transportation modes – rail, truck, and pipeline – carried more US-Canada freight than in December 2013. Year-over-year, the value of US-Canada freight flows by all modes increased by 4.7%. Air freight decreased by 1.8%, however.