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 October at 135.7 (2000=100) was up 1.9 percent compared to September’s 133.1, and the ATA’s not seasonally-adjusted (NSA) index, which represents the change in tonnage actually hauled by fleets before any seasonal adjustment was 139.8 in October, which was 0.9 percent ahead of September.

The average price per gallon of diesel gasoline fell 3.7 cents to $2.445 per gallon, according to data issued today by the Department of Energy’s Energy Information Administration (EIA). This marks the lowest weekly price for diesel since June 1, 2009, when it was at $2.352 per gallon.

In its report, entitled “Grey is the new Black,” JLL takes a close look at supply chain-related trends that can influence retailers’ approaches to Black Friday.

This year, it's all about the digital supply network. In this virtual conference, we will define the challenges currently facing supply chain organizations and offer solutions designed to transform linear operations into dynamic, automated networks that offer seamless communication, visibility, and the ability to respond and optimize processes at any given time.

In his opening comments assessing the economy at last week’s RailTrends conference hosted by Progressive Railroading magazine and independent railroad analyst Tony Hatch, FTR Senior analyst Larry Gross said the economy continues to slog ahead at a relatively tepid pace, coupled with some volatility in terms of overall GDP growth. And amid that slogging, Gross said there is currently an economic hand-off occurring between the industrial sector and the consumer sector.

Article Topics

News · NAFTA · BTS · All topics


Post a comment
Commenting is not available in this channel entry.

© Copyright 2015 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA