Total transborder freight between US and Canada, Mexico rises 21.8% year-over-year in June as truck freight is up 15.5% and rail freight up 15.4%; freight between US and Mexico increased 18.8%, while freight between US and Canada increased 24.7%: US DOT

August 25, 2022 (press release) –

Total Transborder Freight by Border in June 2022, Compared to June 2021:
Transborder freight between the U.S. and North American countries (Canada and Mexico) in June 2022:

• Total transborder freight: $141.2 billion of transborder freight moved by all modes of transportation, up 21.8% compared to June 2021 ⁽¹⁾
• Freight between the U.S. and Canada totaled $73.3 billion, up 24.7% from June 2021
• Freight between the U.S. and Mexico totaled $67.9 billion, up 18.8% from June 2021
• Trucks moved $83.4 billion of freight, up 15.5% compared to June 2021
• Railways moved $18.9 billion of freight, up 15.4% compared to June 2021

Total Transborder Freight by Border and Mode:

The value of oil increased by 60.9% in June 2022 compared to June 2021, and 199.8% compared to June 2020.⁽²⁾⁽³⁾ Over 99% of pipeline freight between the U.S. and Canada are mineral fuels, primarily oil and gas. Of freight by vessel between the U.S. and Mexico, over 50% are mineral fuel shipments between Gulf of Mexico ports in the U.S. and Mexico.

Truck Freight: $83.4 billion (59.0% of all transborder freight)

• U.S.-Canada:       $37.2 billion
• U.S.-Mexico:        $46.1 billion 

• Top three busiest truck border ports
  • Laredo, TX                             $20.5 billion 
  • Detroit, MI                              $9.9 billion
  • Port Huron, MI                      $6.4 billion

• Top three truck commodities
  • Computers and parts                $16.1 billion 
  • Electrical machinery                   $12.2 billion
  • Vehicles and parts                      $10.8 billion 

Rail Freight: $18.9 billion (13.4% of all transborder freight)

• U.S.-Canada:   $11.1 billion 
• U.S.-Mexico:      $7.7 billion

• Top three busiest rail border ports
  • Laredo, TX                 $4.3 billion 
  • Detroit, MI                 $2.6 billion
  • Port Huron, MI          $2.4 billion

•  Top three rail commodities
  • Vehicles and parts     $6.9 billion
  • Mineral fuels               $1.7 billion
  • Plastics                         $1.2 billion

Reporting Notes
Data in this Bureau of Transportation Statistics release are not seasonally adjusted and are not adjusted for inflation. For previous statistical releases and summary tables, see transborder releases. See transborder freight data for data from previous months, and for additional state, port, and commodity data. BTS has scheduled the next release of transborder numbers for September 21, 2022.
 

1 Values are in current dollars and are not adjusted for inflation.

² Changes are due to fluctuations in the price of oil, volume, and weight.

³ WTI Spot Price: https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=rwtc&f=m

* All content is copyrighted by Industry Intelligence, or the original respective author or source. You may not recirculate, redistrubte or publish the analysis and presentation included in the service without Industry Intelligence's prior written consent. Please review our terms of use.