This release provides an annual summary of North American Transborder freight by mode. In the previous release, BTS reported that trucks were the most heavily utilized mode in 2018 for moving goods to and from both Canada and Mexico, carrying 63% of the freight transported. Trucks accounted for $772 billion of the $1.2 trillion in freight flows with Canada and Mexico in 2018. Rail accounted for $179 billion, almost 15%.
Stagnant truck freight fundamentals in 2024 are continuing to suppress U.S. trailer demand. Total trailer build decreased by 3% m/m and 39% y/y in August, totaling just 17,535 units. This…
View ArticleThe Biden administration is moving to curb low-value shipments entering the US duty-free under the $800 ‘de minimis’ threshold, which it says has been abused by Chinese e-commerce platforms such…
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