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

The truck driver shortage is worsening, threatening the trucking industry’s ability to serve the nation’s supply chains. The shortage will almost certainly cause fleets’ costs to increase and shippers’ rate to continue to rise.

The Agriculture Transportation Coalition has asked the Administration to bring in a federal mediator to help resolve the negotiations, and if a strike or lockout occurs, the AgTC advocates the rarely-invoked Taft-Hartley Act.

While U.S. manufacturers and retailers have been bemoaning the ongoing labor/management crisis at West Coast ports, the situation is becoming increasingly dire for U.S. agriculture and forest products exporters.

Express delivery and logistics services provider DHL recently announced it has rebranded the name of its DHL Global Mail group to DHL eCommerce as part of a move geared towards providing customers with new services and solutions for new markets as e-commerce continues its rapid expansion within supply chain and logistics.

October truck tonnage showed strong momentum in advance of the holiday season, according to data issued by the American Trucking Associations (ATA) this week.

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