Subscribe to our free, weekly email newsletter!


BTS reports surface trade with NAFTA partners is up 12.0 percent in October

By Staff
January 05, 2012

The United States Department of Transportation’s Bureau of Transportation Statistics (BTS) reported this week that trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was up 13.8 percent in October 2011 compared to October 2010, hitting $79.0 billion.

BTS officials said September was up 28.7 percent compared to October 2009 and 8.7 percent compared to October 2008

BTS said that the value of U.S. surface transportation trade with Canada and Mexico in October was up 18.2 percent compared to October 2006 and up 65.9 percent compared to October 2001, with imports up 57.8 percent and exports up 76.4 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 85.6 percent of U.S. trade by value with Canada and Mexico moved on land in September, with 9.8 percent moving by vessel, and 4.5 percent by air.

The BTS said the value of U.S. surface transportation trade with Canada was up 14.1 percent year-over-year in October at $46.4 billion. Michigan paced all states in surface trade with Canada in October at $5.7 billion for a 8.3 percent annual gain.

The value of U.S. surface transportation trade with Mexico was up 9.1 percent year over year in October at $32.6 billion. Texas led all states in surface trade with Mexico in October at $11.3 billion, up 3.8 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

The Department of Commerce reported that January retail sales were up 0.2 percent compared to December and up 3.7 percent annually at $449.9 billion, and the NRF reported that January retail sales, which exclude automobiles, gas stations, and restaurants, rose 0.6 percent over December and 1.4 percent compared to January 2015.

On the freight shipments side, Cass reported that January shipments––at 1.025––trailed December by 1.3 percent and January 2016 by 0.2 percent. These declines were less than the 4.9 percent drop from November to December, though, and January shipments still topped the 1.0 mark for the 65th straight month in December.

The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported this week that its Freight Transportation Services Index (TSI) saw a 0.4 percent decline from November to December, its second straight decline on the heels of a 1.0 percent decrease from October to November.

Carloads saw a 11.7 percent annual decline at 241,680, and intermodal containers and trailers rose 10.5 percent to 262,830

An amendment to the International Maritime Organization’s Safety of Life at Sea convention will go into effect requiring all shippers (importers and exporters) to certify and submit the Verified Gross Mass – the combined weight of the cargo and the container – to the steamship line and terminal operator in advance of loading the container aboard a vessel.

Comments

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


© Copyright 2016 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA