Subscribe to our free, weekly email newsletter!


BTS reports February U.S.-NAFTA trade falls 1 percent annually

By Staff
May 02, 2013

The United States Department of Transportation’s Bureau of Transportation Statistics (BTS) said this week that trade using all forms of freight transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was down 1.0 percent in February 2013 compared to February 2012 at $88.4 billion.

Previously, BTS has only measured this trade data by surface transportation modes, but it is now based on trucks, rail, ocean vessels, pipelines, and air.

BTS said trucks accounted for 59.1 percent of total freight moved between the U.S. and its NAFTA partners, with rail at 15.3 percent, ocean vessels at 9.7 percent, pipelines at 7.7 percent, and air at 3.6 percent, adding that trucks, rail, and pipeline accounted for 82.1 percent of total NAFTA freight flows in February.

U.S.-Canada surface transportation trade in February came in at $48.9 billion. Michigan paced all states in trade at $6.0 billion. BTS said trucks accounted for 54.4 percent of this trade activity, followed by rail at 17.0 percent, pipelines at 13.3 percent, vessels at 5.3 percent, and air at 4.4 percent. Truck, rail and pipeline accounted for 84.7 percent of total U.S.-Canada trade, said BTS.

The value of U.S. surface transportation trade with Mexico was $39.6 billion in February. Texas led all states in surface trade with Mexico at $39.6 billion. Trucks represented 64.8 percent of the trade activity, with ocean vessels next at 15.2 percent, rail at 13.2 percent, and air and pipelines at 2.8 percent and 0.8 percent, respectively. Texas led all states in trade activity with Mexico at $15.4 billion. Truck, rail, and pipeline represented 78.8 percent of total monthly trade with Mexico.

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

Even though China’s costs have risen and the U.S. has now surpassed Mexico as the preferred locale for relocating offshored manufacturing, advantages can be fleeting and the challenges great

Memphis-based FedEx reported solid fiscal second quarter earnings results today. Quarterly net income of $616 million was up 23 percent annually, and revenue, at $11.9 billion, was up 5 percent. Operating income at $1.01 billion was up 22 percent.

UPS said this week that it has added significant space to some of its North America-based distribution facilities, which the company increases the total size of its supply chain solutions network size by roughly 1.2 million square-feet. The company’s total global supply chain solutions network is comprised of 596 facilities and about 32.8 million square-feet. UPS offers various services at these facilities, including: warehousing and fulfillment inventory, transportation and returns management; custom kitting and packaging; and store-ready displays.

A week ago, the average price per gallon of diesel gasoline saw its steepest decline in more than two years, when it fell 7 cents to $3.535. This week took that decline a step further, with the Department of Energy’s Energy Information Administration (EIA) reporting that the average price this week fell 11.6 cents to $3.419 per gallon.

With an eye on further expansion of its e-commerce business and related reverse logistics processes, transportation and logistics bellwether FedEx last night announced it has inked an agreement to acquire Pittsburgh-based GENCO, a third-party logistics (3PL) services provider specializing in product lifecycle and reverse logistics.

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