According to the Department of Transportation’s Bureau of Transportation Statistics, the severe weather in January contributed to a decline in U.S.-Canada trade. January’s freight movement between the U.S. and Canada was down 3.4 percent from January 2013, the largest year-to-year decline since November 2009. Freight moved by truck was down 4.9 percent, and rail fell 9.9 percent. Trade by vessel, on the other hand, increased 3.7 percent, and trade by pipeline increased 1.9 percent compared to January of last year.
The BTS numbers showed that trucks carried 52.2 percent of the total U.S.-Canada freight flows in January followed by rail at 15.1 percent, pipeline at 14.6 percent, vessel at 7.2 percent and air at 4.7 percent. In January Mineral Fuels was the top commodity group transported between the U.S. and Canada, moved by pipeline. Read More