Transportation news: U.S. freight shipments with Canada and Mexico reached record high in 2006, says BTS
Staff -- Logistics Management, 11/19/2007
WASHINGTON—Goods valued at more than $866 billion crossed the U.S. border in trade with Canada and Mexico in 2006, reaching a new high (9.7 percent higher than the record set in 2005) according to the U.S. Department of Transportation’s Bureau of Transportation Statistics (BTS).BTS, a part of the Research and Innovative Technology Administration, released the data today as part of the third annual update of the North American Transportation Statistics (NATS) online database. The NATS database is co-sponsored by BTS and the U.S. Census Bureau with the federal-level transportation and statistical agencies of Canada and Mexico.
Freight weighing nearly 475 million tons was transported through U.S. land borders, airports, and seaports to and from locations in Canada and Mexico in 2005. U.S. merchandise trade with Canada and Mexico, its two largest trading partners, rose by more than $252 billion—or 41 percent—between 2001 and 2006.
The value of freight shipments moving between the United States,Canada, and Mexico grew at an average rate of nearly 7.1 percent per year between 2001 and 2006, according to the BTS. The total value of U.S. freight shipments with Mexico grew 42.7 percent or 7.4 percent annually while goods shipped in trade with Canada grew 40.2 percent or 7.1 percent annually).
• Trucks carried 62 percent of this freight measured by value ($534 billion in 2006),
• rail carried 15 percent
• maritime and pipeline carried 8 and 7 percent, respectively,
• and air carried 4 percent.
The BTS said that trucks saw the largest increase in shipment value from 2005 to 2006 ($43 billion), followed by rail (up $12 billion), and maritime (up $12 billion).
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