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North American Transborder Freight up 21% in August 2021 from August 2020, up 7.6% since Pre-Pandemic August 2019

From bts.gov

Transborder freight between the U.S. and other North American countries (Canada and Mexico) in August 2021: • Total transborder freight: $113.1 billion of transborder freight moved by all modes of transportation, up 21% compared to August 2020. August 2021 transborder freight was up 7.6% from the $105.1 billion in freight moved in August 2019. • Nations: Freight between the U.S. and Canada totaled $56.8B, up by 21.9% from August 2020. Freight between the U.S. and Mexico totaled $56.3B, up 20.1% from August 2020. • Most-used mode: Trucks moved $70.5 billion of freight, up 15.9% compared to August 2020 and up 6.8% ... (full story)

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  • Category: Fundamental Analysis