BTS reports surface trade with NAFTA partners is up 11.8 percent in February

Trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was up 11.8 percent in February 2011 compared to February 2010 increasing to $66.5 billion, according to data released by the United States Department of Transportation’s Bureau of Transportation Statistics (BTS).

By ·

Trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was up 11.8 percent in February 2011 compared to February 2010 increasing to $66.5 billion, according to data released by the United States Department of Transportation’s Bureau of Transportation Statistics (BTS).

The BTS said that the value of U.S. surface transportation trade with Canada and Mexico in February was up 11.3 percent compared to February 2006, and up 48.4 percent compared to February 2001, a period of 10 years. Imports in February were up 43.1 percent compared to February 2001, and exports were up 55.3 percent.

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 89.6 percent of U.S. trade by value with Canada and Mexico moved on land.

BTS officials said that the value of U.S. surface transportation trade with Canada and Mexico in February increased 38.8 percent since February 2009, which was at $47.9 billion and represented the lowest amount of trade in any month since February 2004. And they added that February 2011 trade value was down 4.1 percent compared to the recession levels of February 2008.

February freight value dropped 1.8 percent compared to January, according to the BTS.

The BTS said the value of U.S. surface transportation trade with Canada was up 10.1 percent year-over-year in February at $40.0 billion. Imports carried by truck were valued 12.3 percent higher in February 2011 compared to February 2010, said the BTS, and the value of exports carried by truck was up 12.6 percent. Michigan paced all states in surface trade with Canada in January at $5.0 billion.

The value of U.S. surface transportation trade with Mexico was up 24.5 percent year over year in February at $26.6 billion. Imports carried by truck were valued 13.7 percent higher in February 2011 compared to February 2010, said the BTS, and the value of exports carried by truck was up 15.6 percent. Texas led all states in surface trade with Mexico in February at $9.1 billion.

For related articles, please click here.


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!

Latest Whitepaper
New Supply Chain Technology Best Practices
New breakthrough developments, such as drones and driverless vehicles, seem to be everywhere.
Download Today!
From the October 2017 Logistics Management Magazine Issue
A leading distributor of professional salon products in the U.S. forms unique partnerships with its key LTLs to lower transport costs, reduce its carbon footprint and improve service to its 565 store locations.
Q4 2017 Rail/Intermodal Roundtable: Improvements apparent; work remains
LM Viewpoint: Collaboration, Now more than ever
View More From this Issue
Subscribe to Our Email Newsletter
Sign up today to receive our FREE, weekly email newsletter!
Latest Webcast
The State of the Rail/Intermodal Markets
In this webinar our panel will discuss the new service challenges facing rail/intermodal providers and offer practical advice for how shippers can keep efficiency high and costs down.
Register Today!
EDITORS' PICKS
SalonCentric: One Beautiful Network
A leading distributor of professional salon products in the U.S. forms unique partnerships with its...
2017 Alliance Awards: Recognizing outstanding supply chain partnerships
In an era where effective supply chain collaboration is both highly valued and elusive, Logistics...

26th Annual Study of Logistics and Transportation Trends: Transportation at Digital Speed
While a majority of companies strongly agree that transportation is a strategically important...
34th Annual Quest for Quality Awards: Winners Revealed
Which carriers, third-party logistics providers, and North American ports have crossed the service...