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

Earlier today, the United States Senate signed off on a six-year surface transportation authorization, according to various media reports. The bill, entitled the Developing a Reliable and Innovative Vision for the Economy (DRIVE) Act, passed by a 65-34 margin and comes at a time, when the most recent extension for surface transportation funding expires tomorrow, July 31.

Demand for the $500 million in available funding for the United States Department of Transportation’s TIGER (Transportation Investment Generating Economic Recovery) competitive grant program was easily trumped, with applications for the seventh round of TIGER grants coming in at $9.8 billion, or nearly twenty times the available amount, DOT said this week.

Global logistics managers will be tracking the progress of the controversial Trans-Pacific Partnership (TPP) talks in Maui, Hawaii this week, as negotiating parties hope to finalize the agreement.

As has been noted in recent coverage on this site in regards to Peak Season, one underlying theme has been, and remains, how Peak Season is not what it used to be. That is not to say there will not be any Peak Season-related activity. Make no mistake, there will be and things driving it from the seasonal nature of business activity and cargo flows to higher demand and increased e-commerce activity, among others.

UPS Access Point locations serve as a replacement delivery address when consumers are not at home to receive a package or when consumers want a delivery to go somewhere other than their residence.

Article Topics

News · NAFTA · BTS · All topics

Comments

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