U.S.-NAFTA freight falls 4.3 percent in February compared to previous year
U.S.-NAFTA freight totaled $85.7 billion in February 2015 as two out of five transportation modes — air and truck — carried more U.S.-NAFTA freight than in February 2014, according to the TransBorder Freight Data released Wednesday by the Department of Transportation’s Bureau of Transportation Statistics (BTS).
The $85.7 billion total is the lowest February value for U.S.-NAFTA freight since 2011. Year-over-year, the value of U.S.-NAFTA freight flows by all modes decreased by 4.3 percent.
The value of NAFTA trade by pipeline and vessel declined in February because of the reduced unit price of mineral fuel shipments.
In February 2015 compared to February 2014, the value of commodities moving by air grew by the largest percentage of any mode, 4.5 percent.
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