Exports by rail from the U.S. into Mexico declined 3.1 percent year-over-year in February 2013, dropping for the third consecutive month, according to data obtained from the U.S. Bureau of Transportation Statistics. Prior to this three-month slump, year-over-year exports by rail in this lane were up for 36 months straight.
The value of rail exports to Mexico inched up month-to-month by 0.8 percent to $2.1 billion. The value of exports by rail declined 5.4 percent in the first two months of 2013 when compared with the same period in 2012.
Exports by truck from the U.S. to Mexico edged up 0.6 period percent year-over-year but fell 6.6 percent month-to-month to $11.43 billion in February. The value of exports by truck increased 3.8 percent in first two months of 2013 over the same period in 2012.
The value of U.S. imports by truck from Mexico in February 2013 declined 4.5 percent year-over-year, to $14.23 billion, and 1.1 percent from the level seen in January 2013. Imports by truck in this lane were down 2 percent in the first two months of 2013 from the level seen in the same period in 2012.
Imports by rail climbed 4.5 percent from February 2012 and jumped roughly 21 percent month-to-month to $3.11 billion. In January and February, the value of rail imports from Mexico to the U.S. rose 10.3 percent from the same period in 2012. Year-over-year traffic value in this lane has been increasing for 13 continuous months.