Subscribe to our free, weekly email newsletter!


BTS says surface trade with NAFTA partners up 15.5 percent annually in November 2010

By Staff
February 01, 2011

Trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was up 15.5 percent in November 2010 compared to November 2009, increasing to $68.1 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 November was up 8.2 percent compared to November 2005, and up 36.7 percent compared to November 2000, a period of 10 years. Imports in November were up 29.7 percent compared to November 2000, while exports were up 45.8 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 October was 2.9 percent below October 2008 levels despite an annual increase from October 2009 to October 2010. On a sequential basis, U.S. surface transportation trade with Canada and Mexico was up 3.3 percent in October compared to September.

The BTS said the value of U.S. surface transportation trade with Canada was up 12.6 percent year-over-year in November at $39.5 billion. Imports carried by truck were valued 11.5 percent higher in November 2010 compared to November 2009, said the BTS, and the value of exports carried by truck was up 12.6 percent. Michigan paced all states in surface trade with Canada in August at $4.5 billion.

The value of U.S. surface transportation trade with Mexico was up 19.7 percent year over year in November at $28.6 billion. Imports carried by truck were valued 22.4 percent higher in November 2010 compared to November 2009, said the BTS, and the value of exports carried by truck was up 21.9 percent. Texas led all states in surface trade with Mexico in November at $10.3 billion, marking the third straight month that Texas trade with Mexico by surface modes topped $10 billion, according to the 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

When publicly-traded Class I freight railroad and intermodal service providers issued second quarter earnings results earlier this summer, the topic of less than ideal service on the rails was a common theme within the earnings releases and question and answer sessions with top management at those companies.

Supply chain security provider Freightwatch International has released its semi-annual report on cargo theft in the Asia Pacific region for the first half of 2014, which contains some heartening news for U.S. shippers reliant on trucking, warehousing and retail.

FedEx Ground, a subsidiary of FedEx Corporation, reports today that a decision by a three-judge panel of the United States Court of Appeals for the Ninth Circuit reversed previous rulings by the District Court for the Northern District of Indiana in three class action cases involving mostly former independent contractors for FedEx Ground

More talking remains before the deal is done

The transpacific U.S.-flag carrier has been ranked number one in the ocean carrier category for Logistics Management magazine's Quest for Quality award

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