Subscribe to our free, weekly email newsletter!


BTS reports surface trade with NAFTA partners is up 12.1 percent in April

By Staff
June 29, 2011

The United States Department of Transportation’s Bureau of Transportation Statistics (BTS) reported today that trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was up 12.1 percent in April 2011 compared to April 2010, coming in at $73.8 billion.

This tally is down from 8.7 percent from the $80.8 billion in March, which was the highest level for any month since the BTS began collecting data in 1994.

The BTS said that the value of U.S. surface transportation trade with Canada and Mexico in April was up 19.5 percent compared to April 2006 and up 57.6 percent compared to April 2001, with imports up 48.3 percent and exports up 70.0 percent.

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, with 9.8 percent moving by vessel, and 4.4 percent by air.

BTS officials said that the value of U.S. surface transportation trade with Canada and Mexico in April increased 19.5 percent since April 2006 and 57.6 percent compared to April 2001.

The BTS said the value of U.S. surface transportation trade with Canada was up 11.8 percent year-over-year in April at $44.6 billion. Imports carried by truck were valued 5.3 percent higher in April 2011 compared to April 2010, said the BTS, and the value of exports carried by truck was up 12.4 percent. Michigan paced all states in surface trade with Canada in April at $5.8 billion for a 6.6 percent annual gain.

The value of U.S. surface transportation trade with Mexico was up 12.4 percent year over year in April at $29.1 billion. Imports carried by truck were valued 10.5 percent higher in April 2011 compared to April 2010, said the BTS, and the value of exports carried by truck was up 12.7 percent. Texas led all states in surface trade with Mexico in April at $10.1 billion, up 10.8 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

Seasonally-adjusted (SA) for-hire truck tonnage in March was up 1.1 percent on the heels of a revised 2.8 percent (from 3.1 percent) February decline, with the SA index at 133.5 (2000=100). This is off 0.3 percent from the all-time high for the SA of 135.8 from January 2015 and is up 5 percent annually.

Intermodal volume was up 8.1 percent annually at 280,016 containers and trailers. This outpaced the week ending April 11 at 270,463 and the week ending April 4 at 271,127. AAR said this tally marks the second highest weekly output it has ever recorded as well as the first time container and trailer traffic was higher than carloads for a one-week period.

Ocean cargo carrier service reliability across the three core East-West trades hit a five-month peak in March with an aggregate on-time performance of 64 percent, according to Carrier Performance Insight, the online schedule reliability tool provided by Drewry Supply Chain Advisors.

The Airforwarders Association, which represents more than 360 companies that move air cargo through the supply chain, today applauded an agreement reached by Congressional leaders to advance legislation giving the President authority to conclude key global trade agreements.

Despite great opportunity for growth, the logistics market in Latin America is lagging behind other emerging markets thanks in part to its notoriety for corruption, violence, poor infrastructure and government bureaucracy.

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