Subscribe to our free, weekly email newsletter!


BTS says surface trade with NAFTA partners is up 6.6 percent in June

By Staff
August 28, 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 6.6 percent in June 2012 compared to June 2011 at $82.6 billion.

BTS said that the value of U.S. surface transportation trade with Canada and Mexico in June was up 11.4 percent compared to June 2008 and up 62.9 percent from June 2009. And it was up 79.0 percent compared to June 2002. June imports were up 69.7 percent and exports were up 90.8 percent during the same period.

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 86.5 percent of U.S. trade by value with Canada and Mexico moved on land in April, with 9.8 percent moving by vessel, and 3.7 percent by air.

The BTS said the value of U.S. surface transportation trade with Canada and Mexico in June was down 1.4 percent from May.

And the annual value in June was up year-over-year.

U.S.-Canada surface transportation trade at $48.4 billion was up 5.0 percent annually. Michigan paced all states in surface trade with Canada in June at $6.5 billion for a 4.5 percent annual gain.

The value of U.S. surface transportation trade with Mexico was up 8.8 percent year over year in June at $34.2 billion. Texas led all states in surface trade with Mexico in June at $12.4 billion, up 11.0 percent annually.

The BTS recently reported that trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was up 14.3 percent in 2011 compared to 2010, increasing to $904 billion.

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

Even though some of its key metrics dropped sequentially from August to September, the outlook for manufacturing over all remains strong, according to the most recent edition of the Manufacturing Report on Business issued today by the Institute for Supply Management (ISM).

Company officials said that these planned changes, which will take effect on January 4, 2015, will provide for increases in current pay rates and reduce the time it takes for its nearly 15,000 drivers to reach top pay scale.

While the economy has seen more than its fair share of ups and downs in recent years, 2014 is different in that it could be the best year from an economic output perspective in the last several years. That outlook was offered up by Rosalyn Wilson, senior business analyst at Parsons, and author of the Council of Supply Chain Management Professionals (CSCMP) Annual State of Logistics Report at last week’s CSCMP Annual Conference in San Antonio.

Matching last week, the average price per gallon of diesel gasoline dropped 2.3 cents, bringing the average price per gallon to $3.755 per gallon, according to the Department of Energy’s Energy Information Administration (EIA).

A number of key topics impacting the freight transportation and logistics marketplace were front and center at a panel at the Council of Supply Chain Management Annual Conference in San Antonio last week.

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