Subscribe to our free, weekly email newsletter!


BTS says surface trade with NAFTA partners up 13.8 percent annually in December 2010

By Staff
March 01, 2011

Trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was up 13.8 percent in December 2010 compared to December 2009, increasing to $66.5 billion, according to data released by the United States Department of Transportation’s Bureau of Transportation Statistics (BTS).

The BTS said that the value of U.S. surface transportation trade with Canada and Mexico in December was up 12.6 percent compared to December 2005, and up 48.6 percent compared to December 2000, a period of 10 years. Imports in December were up 41.9 percent compared to December 2000, while exports were up 57.7 percent.

Surface transportation, according to the BTS, is comprised mainly of freight movements by truck, trail, and pipeline, and nearly 90 percent of U.S. trade by value with Canada and Mexico moves by land. According to the BTS 89.6 percent of U.S. trade by value with Canada and Mexico moved on land.

BTS officials said that the value of U.S. surface transportation trade with Canada and Mexico in December was 2.2 less than November 2010, and in December 84.8 percent of U.S. trade by value with Canada and Mexico moved on land.

The BTS said the value of U.S. surface transportation trade with Canada was up 12.2 percent year-over-year in December at $39.8 billion. Imports carried by truck were valued 17.7 percent higher in December 2010 compared to December 2009, said the BTS, and the value of exports carried by truck was up 10.4 percent. Michigan paced all states in surface trade with Canada in December at $4.7 billion.

The value of U.S. surface transportation trade with Mexico was up 16.3 percent year over year in December at $26.8 billion. Imports carried by truck were valued 16.3 percent higher in December 2010 compared to December 2009, said the BTS, and the value of exports carried by truck was up 18.7 percent. Texas led all states in surface trade with Mexico in December at $9.5 billion, snapping a three-month stretch in which Texas trade with Mexico by surface modes topped $10 billion.

For related articles, please click here.

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

Matson, Inc., a leading U.S. carrier in the Pacific, is moving quickly to fund improvements in its new Alaska operations following its May 29 acquisition of Horizon Lines' Alaska services.

Josh Green, CEO of Panjiva, an online search engine with detailed information on global suppliers and manufacturers, said despite the recent trends coming out of China, it is important to remember is that on a big picture level, its impact on the global economy is big and growing.

Diesel gasoline’s average price per gallon dropped for the ninth week in a row, according to data issued by the Department of Energy’s Energy Information Administration (EIA) this week.

Citing currency exchange rates and lower fuel surcharges, second quarter revenue for transportation and logistics titan UPS dropped 1.2 percent to $14.1 billion, the Atlanta-based company reported today. Even though revenue was slightly down, earnings per share saw a 12 percent annual gain at $1.35, which was above Wall Street estimates of $1.27.

Does your organization struggle with the integration of information between your internal systems, processes and partner portals? You're not alone! Kapow Software alongside EFT has surveyed over 200 organizations regarding the importance of information access, visibility and discusses some of the major goals for supply chain and logistics organizations.

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