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

The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported this week that U.S. trade with its North America Free Trade Agreement (NAFTA) partners Canada and Mexico increased 8.2 percent from September 2013 to September 2014 at $102.2 billion.

NS said that the D&H lines it plans to acquire connect with the NS network at Sunbury, Pa. and Binghamton, N.Y. and give NS single-line routes from Chicago and the southeast U.S. to Albany, N.Y., which is in close proximity to NS’ Mechanicville, N.Y.-based intermodal terminal.

This follows a 1.6 cent decrease last week, which was preceded by a 5.4 gain the week before and stands as the first increase going back to the week of June 23, when the weekly average headed up 3.7 cents to $3.919 per gallon.

BNSF said that its 2015 capital expenditures will be allocated towards various areas of its business, including maintenance and expansion of the railroad to meet the expected demand for freight rail service, with 2015 representing the third straight year BNSF has invested a record annual capital expenditures investment.

While the ongoing labor negotiations between the International Longshore and Warehouse Union (ILWU) and the Pacific Maritime Association (PMA) ostensibly going from bad to worse, following the ILWU’s announcement late last week that it was halting negotiations from November 20 through November 30, a Congressional group last week penned a letter to PMA and ILWU leadership expressing concern over the state of the negotiations.

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