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Trucking and four other transportation modes carried less U.S. freight by value with North American Free Trade Agreement (NAFTA) partners Canada and Mexico in March 2016 compared to a year earlier, according to a new Transportation Department report.
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Trucking was only one of two transportation modes that carried more U.S. freight by value with NAFTA trade partners Canada and Mexico in February than a year ago, increasing 4.7%.
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Trucking posted the smallest decrease of the five major transportation modes when it came to the amount of freight moved between the U.S. and its North American Free Trade agreement partners of Canada and Mexico in January, according to new Transportation Department figures.
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All five major transportation modes, including trucking, carried less freight between the U.S. and its neighbors of Canada and Mexico last year than in 2014, but big-rigs continue to dominate such cargo movements, according to new U.S. Transportation Department figures.
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Effective March 16, the Federal Motor Carrier Safety Administration is accepting the Mexican government standard for annual commercial vehicle inspections of Mexico-domiciled motor carriers that operate in the United States.
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Large declines in the value of oil and other petroleum-related products during 2015 was reflected in a lower value of cross-border freight movements between the U.S. and its neighbors, according to new Transportation Department figures.
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The value of trans-border freight movements between the U.S. and its neighbors took a steep decline, according to new U.S. Transportation Department numbers, while Canada regained its historical rank as top North America trade partner after falling behind Mexico.
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A measure of freight moving between the U.S. and its neighbors to the north and south shows for the first time the total value of U.S.-Mexico freight flows exceeded those between the U.S. and Canada.
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Motor carriers face some unique challenges south of the border, but their drive to succeed is no different than that of U.S. and Canadian truckers.
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The value of freight moved between the U.S. and its neighbors Canada and Mexico fell in August, totaling $92.4 billion, thanks largely to the drop in fuel and oil prices moved by pipeline and vessel.
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