Subscribe to our free, weekly email newsletter!


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

By Staff
May 29, 2012

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!

Recent Entries

Owners of corporate fleets and fuel buyers face two dilemmas: a limited supply of cost-effective, low greenhouse-gas fuels, and little information on fuel sustainability impacts across the full production and use value chain.

U.S. Carloads were up 5 percent annually at 294,738, and intermodal at 253,317 containers and trailers was up 3 percent.

When it comes to Congress actually getting its act together on a new long-term federal transportation bill, things remain as status quo as it gets, with the big takeaway being nothing really ever gets done, when it comes to passing a badly overdue and needed bill, rather than these band-aid extensions Congress keeps signing off on.

Truckload and intermodal pricing was up on an annual basis, according to the December edition of the Truckload and Intermodal Cost Indexes from Cass Information Systems and Avondale Partners.

While the official numbers won’t be issued until early February in its quarterly Market Trends & Statistics report, preliminary data for the fourth quarter and full-year 2014 intermodal output from the Intermodal Association of North America (IANA) indicates that annual growth was intact.

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