Subscribe to our free, weekly email newsletter!


BTS reports 2012 U.S. surface trade hits a new record high

By Jeff Berman, Group News Editor
March 22, 2013

Trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was up 6.2 percent in 2012 compared to 2011, increasing to $960 billion, according to data released this week by the United States Department of Transportation’s Bureau of Transportation Statistics (BTS).

BTS said this tally represents the highest annual dollar amount for cross-border trade since NAFTA took effect in 1994, topping 2011’s $904 billion.

Surface transportation, according to the BTS, is comprised mainly of freight movements by truck, trail, and pipeline, and nearly 90 percent of U.S. trade by value with Canada and Mexico moves by land. According to the BTS 85.5 percent of U.S. trade by value with Canada and Mexico moved on land in 2011, and total North American surface transportation trade is up 42.0 percent since 2009, when it fell 23.3 percent compared to 2008.

BTS said that total North American surface transportation imports were up 5.6 percent annually in 2012, while exports were up 6.9 percent.

BTS said the value of U.S. surface transportation trade with Canada was up 3.6 percent year-over-year in 2012 at $73.3 billion. Imports carried by rail were up 7.4 percent annually, and the value of exports carried by rail was up 11.8 percent. Michigan again paced all states in surface trade with Canada in 2011 at $73.3 billion.

The value of U.S. surface transportation trade with Mexico was up 10.0 percent year over year in 2012 at $403.9 billion. Imports carried by rail were valued 14.3 percent higher annually, said the BTS, and the value of exports carried by rail was up 11.1 percent. Texas led all states in surface trade with Mexico in 2012 at $145.8 billion, marking the fourth time on record that Texas has had more than $100 billion in trade with Mexico by surface modes of transportation in a calendar year.

About the Author

Jeff Berman headshot
Jeff Berman
Group News Editor

Jeff Berman is Group News Editor for Logistics Management, Modern Materials Handling, and Supply Chain Management Review. Jeff works and lives in Cape Elizabeth, Maine, where he covers all aspects of the supply chain, logistics, freight transportation, and materials handling sectors on a daily basis. .(JavaScript must be enabled to view this email address).


Subscribe to Logistics Management magazine

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your
entire logistics operation.
Start your FREE subscription today!

Recent Entries

Earlier today, the United States Senate signed off on a six-year surface transportation authorization, according to various media reports. The bill, entitled the Developing a Reliable and Innovative Vision for the Economy (DRIVE) Act, passed by a 65-34 margin and comes at a time, when the most recent extension for surface transportation funding expires tomorrow, July 31.

Demand for the $500 million in available funding for the United States Department of Transportation’s TIGER (Transportation Investment Generating Economic Recovery) competitive grant program was easily trumped, with applications for the seventh round of TIGER grants coming in at $9.8 billion, or nearly twenty times the available amount, DOT said this week.

Global logistics managers will be tracking the progress of the controversial Trans-Pacific Partnership (TPP) talks in Maui, Hawaii this week, as negotiating parties hope to finalize the agreement.

As has been noted in recent coverage on this site in regards to Peak Season, one underlying theme has been, and remains, how Peak Season is not what it used to be. That is not to say there will not be any Peak Season-related activity. Make no mistake, there will be and things driving it from the seasonal nature of business activity and cargo flows to higher demand and increased e-commerce activity, among others.

UPS Access Point locations serve as a replacement delivery address when consumers are not at home to receive a package or when consumers want a delivery to go somewhere other than their residence.

Article Topics

News · NAFTA · BTS · All topics

Comments

Post a comment
Commenting is not available in this channel entry.


© Copyright 2015 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA