Subscribe to our free, weekly email newsletter!


BTS reports surface trade with NAFTA partners is up 11.6 percent for December 2011

By Staff
February 28, 2012

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 was up 11.6 percent on December 2011 compared to December 2010 at $74.2 billion.

BTS said that the value of U.S. surface transportation trade with Canada and Mexico in December was up 25.7 percent compared to December 2006 and up 94.1 percent compared to December 2001, with imports up 85.7 percent and exports up 105.2 percent during that ten-year period.

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. According to the BTS 85.8 percent of U.S. trade by value with Canada and Mexico moved on land in December, with 10.0 percent moving by vessel, and 4.5 percent by air.

The BTS said the value of U.S. surface transportation trade with Canada and Mexico in December was down 3.2 percent from November.

But it was once again up year-over-year in December.  U.S.-Canada surface transportation trade at $44.2 billion was up 11.2 percent. Michigan paced all states in surface trade with Canada in December at $5.6 billion for a 19.7 percent annual gain.

The value of U.S. surface transportation trade with Mexico was up 12.1 percent year over year in November at $30.0 billion. Texas led all states in surface trade with Mexico in December at $10.3 billion, up 8.7 percent annually.

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

Putting the renewed strength in the truckload market into a very positive perspective is a report issued by Avondale Partners analyst Donald Broughton, which was released yesterday. Entitled, “Q2’15 Trucking Capacity; Goldilocks Era Continues,” Broughton explained that in the second quarter only 70 truckload fleets failed, or exited the business. That number may seem high to some, but it is not, especially when you consider that the second quarter of 2014 saw more than five times as many truckload carriers, 375 to be exact, exit the business.

Global demand remains stable as packaging equipment providers of all sizes shift focus

Six straight days without a ship waiting for berth

Freight forwarders were relieved to learn yesterday that U.S. Customs and Border Protection (CBP) would be delaying its Automated Commercial Environment (ACE) implementation.

The Institute for Supply Management’s (ISM) August edition of the Manufacturing Report on Business saw its PMI, the ISM’s index to measure growth, fall 1.6 percent to 51.1, following a 0.8 percent decline to 52.7 in July. Even with the relatively slow growth over the last two months, the PI has been at 50 or higher for 31 consecutive months.

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