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

Seasonally-adjusted (SA) for-hire truck tonnage in February was down 3.1 percent (2000=100) compared to a revised 1.3 percent (from 1.2 percent) increase in January. ATA said this reading marks the lowest level for the SA index going back to last September.

It was a busy day for railroad-related legislation yesterday, with the United States Senate Commerce, Science, and Transportation Committee approving two bills with a railroad focus by a voice vote. The respective bills are S. 808, the Surface Transportation Board Reauthorization Act of 2015 and S. 650, the Railroad Safety and Positive Train Control Extension Act.

Indications given by a splinter group of the International Longshore and Warehouse Union suggest that shippers should not assume the tentative contract with the Pacific Maritime Association is a “done deal.”

Navis announced that George A. Kohlrieser, an internationally recognized expert on leadership, will present a general session at Navis World 2015, taking place March 29-April 1, 2015 at the Intercontinental San Francisco Hotel.

While its day-to-day objectives remain the same, the online load board freight-matching service Internet Truckstop announced today it has a new name: Truckstop.com.

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