Subscribe to our free, weekly email newsletter!


BTS reports surface trade with NAFTA partners is up 18.1 percent in July

By Staff
September 28, 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 18.1 percent in July 2011 compared to July 2010, coming in at $72.4 billion.

This output represents a 6.7 percent decline from the June.

The BTS said that the value of U.S. surface transportation trade with Canada and Mexico in July was up 29.4 percent compared to July 2006 and up 77.1 percent compared to July 2001, with imports up 60.7 percent and exports up 100.8 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 17.0 percent year-over-year in July at $42.5 billion. Michigan paced all states in surface trade with Canada in May at $4.5 billion for a 27.7 percent annual gain.

The value of U.S. surface transportation trade with Mexico was up 19.7 percent year over year in July at $29.9 billion. Texas led all states in surface trade with Mexico in July at $10.7 billion, up 16.3 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

Read how others are using Business Process Modeling to implement Microsoft Dynamics AX with reduced risk.

While diesel prices have largely been out of the spotlight in 2014, freight transportation and logistics stakeholders always need to keep a close eye on what prices are doing, as it has a significant impact on transportation budgets and forecasting.

Railroad service issues and rates, which many rail shippers deem as unreasonable, are front and center in a piece of legislation to be introduced soon by Senators Jay Rockefeller (D-WV) and John Thune (R-SD), chairman and ranking member of the Senate Committee on Commerce Science and Transportation.

The Nicaragua Canal will be three times the length of the Panama Canal, crossing the major Lago de Nicaragua, one of the largest freshwater reservoirs in the region.

FTR and Internet Truckstop said that this alliance will provide shippers and carriers with myriad benefits, including market analysis and specificity for contract and spot freight segments by region and trailer type.

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