Subscribe to our free, weekly email newsletter!


BTS says surface trade with NAFTA partners up 11.5 percent annually in January 2012

By Staff
March 27, 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 11.5 percent in January 2012 compared to January 2011 at $75.5 billion.

BTS said that the value of U.S. surface transportation trade with Canada and Mexico in January was up 15.9 percent compared to January 2008 and up 59.2 percent from January 2009. And it was up 82.8 percent compared to January 2002. January imports were up 72.7 percent and exports were up 96.5 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 86.3 percent of U.S. trade by value with Canada and Mexico moved on land in January, with 9.8 percent moving by vessel, and 3.9 percent by air.

The BTS said the value of U.S. surface transportation trade with Canada and Mexico in January was down 1.8 percent from December.

And the annual value in January was up year-over-year. U.S.-Canada surface transportation trade at $44.1 billion was up 9.6 percent. Michigan paced all states in surface trade with Canada in January at $5.6 billion for a 14.0 percent annual gain.

The value of U.S. surface transportation trade with Mexico was up 14.3 percent year over year in January at $31.4 billion. Texas led all states in surface trade with Mexico in January at $11.5 billion, up 20.1 percent annually.

The BTS recently reported that rade 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

Panjiva, an online search engine with detailed information on global suppliers and manufacturers, recently said it is opening up the “vault,” so to speak. The vault in this case is making its copious amount of trade data accessible through an Application Programming Interface (API), which enables customers to extract Panjiva’s trade data into their own database.

Freight transportation and logistics services provider Averitt Express recently announced it has rolled out improved transit times for less-than-truckload (LTL) service from the Midwest to Toronto and other cities.

Data issued by the National Retail Federation lowered its 2014 retail sales forecast, due to a slow first six months of the year (and largely negatively influenced by the terrible winter weather), but noted that retail sales are expected to be strong over the next five months to finish the year.

Anne Ferro, a ferocious advocate for greater truck safety and a constant thorn to truck drivers and some unsafe trucking fleets, says she is leaving as administrator of the Federal Motor Carrier Safety Administration. No successor has been immediately named.

Data issued by the National Retail Federation lowered its 2014 retail sales forecast, due to a slow first six months of the year (and largely negatively influenced by the terrible winter weather), but noted that retail sales are expected to be strong over the next five months to finish the year.

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