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NAFTA Freight Flows Down for Third Consecutive Month

(STR Trade Report)

Monthly freight flows between the U.S. and its NAFTA partners slipped 0.4% to $100.6 billion from July to August, according to statistics released Oct. 23 by the Department of Transportation. However, the value of total U.S. trade with Canada and Mexico rose 4.4% from August 2013, including increases of 3.3% for truck, 3.4% for rail (where an 11.0% gain in exports offset a 0.6% fall in imports), 6.8% for pipeline, 11.7% for vessel (including a 32.7% increase in exports) and 2.3% for air (including a 14.1% jump in imports that offset a 5.6% drop in exports). Read more here.