Subscribe to our free, weekly email newsletter!


BTS reports December surface trade with NAFTA partners falls 3.2 percent

The United States Department of Transportation’s Bureau of Transportation Statistics (BTS) said today that trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico fell 3.2 percent in December 2012 compared to December 2011 at $71.9 billion.
By Staff
February 28, 2013

The United States Department of Transportation’s Bureau of Transportation Statistics (BTS) said today that trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico fell 3.2 percent in December 2012 compared to December 2011 at $71.9 billion.

Surface transportation, according to the BTS, is comprised mainly of freight movements by truck, trail, and pipeline, mail and Foreign Trade Zones, and nearly 90 percent of U.S. trade by value with Canada and Mexico moves by land. BTS said surface transportation trade with Canada and Mexico accounted for 17 percent of total U.S. foreign trade in December 2012.

In December, BTS said that $48 billion of U.S. trade with Canada and Mexico moved by truck, with $14 billion moved by rail, and $6 billion by pipeline.

BTS said that U.S.-Canada surface trade in December came in at $42.1 billion, with Michigan leading all states in surface trade with Canada at $5.6 million.

The value of U.S. surface transportation trade with Mexico in December was $29.8 billion. Texas led all states in surface trade with Mexico in December at $10.3 billion.

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

For the fourth quarter of 2014, UPS said it anticipates adjusted diluted earnings per share of roughly $1.25, with full-year 2014 adjusted diluted earnings per share at $4.75, which represents a 3.9 percent annual gain over 2013’s adjusted earnings per share of $4.57, with full-year 2014 diluted earnings pegged at around $3.28 per share, which is 28.9 percent below 2013’s $4.61.

In recently issued research and data, JLL pointed out that its market data indicates rents are on the rise, with companies on the hunt for warehouse and distribution space.

U.S. Carloads were up 0.3 percent annually at 290,963, and intermodal at 260,893 containers and trailers dropped 2.4 percent compared to the same week last year.

Researchers say the ships are operating in international waters with a "worrying lack" of regulation, adding that they could pose a threat to regional peace and stability.

Compared to November, spot market freight volume was up 3.0 percent, according to the DAT North American Freight Index.

Article Topics

News · NAFTA · BTS · All topics

Comments

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


© Copyright 2013 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA