US Cross-Border Truck, Rail Trade With Canada Down in June

US Cross-Border Truck, Rail Trade With Canada Down in June

U.S. Cross-Border Trade by Truck With CanadaU.S. Cross-Border Trade by Truck With Canada

U.S. cross-border traffic with Canada via truck and rail declined 2.1 percent from $39.2 billion in June 2012 to $38.4 billion this June, according to data from the U.S. Bureau of Transportation Statistics. The value of imports by rail from Canada did, however, see a slight increase year-over-year.

U.S. exports by truck fell 3.0 percent year-over-year and 2.3 percent from May 2013 to $17.5 billion. Four of the past six months have seen declines from the same period in 2012. For January through June 2013, the value of exports by truck down 0.5 percent year-over-year.

The value of imports by truck from Canada edged down 0.5 percent year-over-year in June to $12.0 billion; this was 2.8 percent lower than the level seen in May, too. U.S. imports by truck from Canada slipped 0.5 percent year-over-year in the first half of 2013.

U.S. exports by rail to Canada fell 7.6 percent year-over-year, the first decrease since May 2012, to $2.8 billion. Export value also dropped 7.8 percent month-to-month. Through June, U.S. exports via rail to Canada were up 4.1 percent in value terms year-over-year.

U.S. imports by rail from Canada totaled $6.1 billion in June 2013, inching up 0.4 percent month-to-month and 0.3 percent year-over-year. The value of U.S. imports by rail from Canada rose 4.7 percent year-over-year in the first six months of 2013.