Subscribe to our free, weekly email newsletter!


BTS reports surface trade with NAFTA partners is up 15.7 percent in May

By Staff
August 02, 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 15.7 percent in May 2011 compared to May 2010, hitting $77.3 billion.

This output represents a 4.8 percent gain from the $73.8 billion in April.

The BTS said that the value of U.S. surface transportation trade with Canada and Mexico in May was up 17.2 percent compared to May 2006 and up 55.9 percent compared to May 2001, with imports up 46.4 percent and exports up 68.5 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 84.8 percent of U.S. trade by value with Canada and Mexico moved on land in May, with 11.1 percent moving by vessel, and 4.1 percent by air.

The BTS said the value of U.S. surface transportation trade with Canada was up 15.1 percent year-over-year in May at $46.3 billion. Michigan paced all states in surface trade with Canada in May at $6.3 billion for a 15.6 percent annual gain.

The value of U.S. surface transportation trade with Mexico was up 16.6 percent year over year in May at $31.0 billion. Texas led all states in surface trade with Mexico in May at $11.2 billion, up 18.8 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 questions for the most recent Semiannual Economic Forecast, which was released last week, included: 1-has the strength of the U.S. dollar had a negative, negligible or positive impact on their organization’s profits?; 2-has the net impact of the depressed prices of oil and related commodities been negative, negligible, or positive for their organization’s profits; and 3-how would they characterize the combined impact of their organization’s profits on the strength of the U.S. dollar and the depressed prices of oil and related commodities.

The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported this week that that U.S. trade with its North America Free Trade Agreement (NAFTA) partners Canada and Mexico dropped 5.8 percent on an annual basis in March to $90.5 billion.

Shippers sourcing their goods out the Port of Oakland’s largest marine terminal will soon need to make an appointment drayage providers before their cargo is released.

U.S. Carloads fell 10.6 percent at 244,290, and intermodal containers and trailers were off 6.5 percent at 262,693.

Now that the deal, which had to clear several regulatory hurdles in multiple countries, is official, FedEx executives were able to speak a little bit more freely, albeit being somewhat guarded in regards to certain integration specifics at the same time.

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