Subscribe to our free, weekly email newsletter!


BTS reports U.S.-NAFTA trade is up 2.0 percent annually in August

By Staff
November 07, 2013

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 2.0 percent in August 2013 compared to August 2012 at $96.5 billion.

Surface transportation, according to the BTS, is comprised mainly of freight movements by truck, rail, pipeline, vessel, and air, and nearly 90 percent of U.S. trade by value with Canada and Mexico moves by land.

According to the BTS, three of these five modes carried more U.S.-NAFTA trade in August, the most recent month for which data is available. Pipelines were up 18.2 percent, which the BTS said reflects the rise in prices for oil and other petroleum products.

And trucks, which the BTS said move 60 percent of U.S.-NAFTA trade, inched up 0.7 percent, and rail increased 3.0 percent. Vessel and air movements were down 2.6 percent and 2.4 percent, respectively.

BTS said that trucks accounted for 59.9 percent of the $96.5 billion of August U.S.-NAFTA trade, with $30.3 billion in exports and $27.5 billion in imports, with rail at 15.6 percent, vessels at 8.5 percent, pipeline at 7.4 percent, and air at 3.7 percent. In August, truck, rail, and pipeline cumulatively accounted for 82.9 percent of total NAFTA freight flows, according to BTS.

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

Seasonally-adjusted (SA) for-hire truck tonnage in July headed up 1.3 percent on the heels of a 0.8 percent increase in June. The ATA’s not seasonally-adjusted (NSA) index, which represents the change in tonnage actually hauled by fleets before any seasonal adjustment, was 133.3 in July, which outpaced June’s 132.3 by 0.8 percent, and was up 2.8 percent annually.

Volumes for the month of July at the Port of Long Beach (POLB) and the Port of Los Angeles (POLA) were mixed, according to data recently issued by the ports. Unlike May and June, which saw higher than usual seasonal volumes, due to the West Coast port labor situation, July was down as retailers had completed filling inventories for back-to-school shopping.

With a 0.8 cent decrease, this week’s average price per gallon is $3.835 and stands as the lowest price since hitting $3.844 the week of November 25, 2013.

LTL carriers are rapidly investing in expensive, on-dock, three-dimensional size measurement capturing machinery, and they are hoping one day of being able to more accurately charge shippers rates based on the actual dimensions of their shipments, rather than the traditional weight-and-distance-based formula that has been in effect since the 1930s or even earlier.

The Department of Transportation’s Bureau of Transportation Statistics (BTS) recently reported that its Freight Transportation Services Index (TSI) dipped 0.9 percent from May to June.

Article Topics

News · NAFTA · BTS · All topics

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