BTS reports that March is best ever month for U.S. surface trade with NAFTA partners

BTS said that the value of U.S. surface transportation trade with Canada and Mexico in March is the highest value month for NAFTA trade since data began being collected in 1994, topping $85 billion for the first time ever and besting the previous high of $80.8 billion in March 2011.

By ·

The United States Department of Transportation’s Bureau of Transportation Statistics (BTS) said today that trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was up 6.2 percent in March 2012 compared to March 2011 at $85.8 billion.

BTS said that the value of U.S. surface transportation trade with Canada and Mexico in March is the highest value month for NAFTA trade since data began being collected in 1994, topping $85 billion for the first time ever and besting the previous high of $80.8 billion in March 2011.

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 87.4 percent of U.S. trade by value with Canada and Mexico moved on land in February, with 8.7 percent moving by vessel, and 3.9 percent by air.

March, said the BTS, was up 9.8 percent from February, and March’s value of U.S. transportation trade with Canada and Mexico was up 21.2 percent compared to March 2008 and up 68.1 percent over March 2009.

U.S.-Canada surface transportation trade in March at $50.1 billion was up 2.9 percent. Michigan paced all states in surface trade with Canada in March at $6.3 billion for a 3.0 percent annual gain.

The value of U.S. surface transportation trade with Mexico was up 11.2 percent year over year in March at $35.7 billion. Texas led all states in surface trade with Mexico in February at $12.6 billion, up 11.5 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!

Latest Whitepaper
Private Fleet vs. Dedicated: Which one is right for you?
Having the right fleet for your business can give you an advantage over the competition and lower transportation costs.
Download Today!
From the April 2017 Issue
While adoption rates have remained relatively flat, yard management systems (YMS) are helping logistics operations turn that important space between the loading dock and the gate into a vital link in the supply chain.
Information Management: Wearables come in for a refit
2017 Air Cargo Roundtable: Positive Outlook Driven by New Demand
View More From this Issue
Subscribe to Our Email Newsletter
Sign up today to receive our FREE, weekly email newsletter!
Latest Webcast
Maximize Your LTL Driver Adherence with Real-time Feedback
This webinar shows how companies are using real-time performance data to optimize the scheduling of their city fleets, as well as the routing of their standard, accelerated and time-critical shipments.
Register Today!
EDITORS' PICKS
2017 Salary Survey: Fresh Voices Express Optimism
Our “33rd Annual Salary Survey” reflects more diversity entering the logistics management...
LM Exclusive: Major Modes Join E-commerce Mix
While last mile carriers receive much of the attention, the traditional modal heavyweights are in...

ASEAN Logistics: Building Collectively
While most of the world withdraws inward, Southeast Asia is practicing effective cooperation between...
2017 Rate Outlook: Will the pieces fall into place?
Trade and transport analysts see a turnaround in last year’s negative market outlook, but as...