Subscribe to our free, weekly email newsletter!


BTS says surface trade with NAFTA partners up 19.3 percent in September

By Staff
November 30, 2010

Trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was up 19.3 percent in September 2010 compared to September 2009, increasing to $68.3 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 September was up 11.7 percent compared to September 2005, and up 38.9 percent compared to September 2000, a period of 10 years. And imports in September were up 30.6 percent compared to September 2000, while exports were up 49.9 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 September was 4.8 percent below September 2008 levels despite an annual increase from September 2009 to September 2010. On a sequential basis, U.S. surface transportation trade with Canada and Mexico was up 0.5 percent in September compared to August.

The BTS said the value of U.S. surface transportation trade with Canada was up 15.7 percent year-over-year in September at $40.2 billion. Imports carried by truck were valued 10.7 percent higher in September 2010 compared to September 2009, said the BTS, and the value of exports carried by truck was up 17.4 percent. Michigan paced all states in surface trade with Canada in August at $5.4 billion, matching August.

The value of U.S. surface transportation trade with Mexico was up 24.8 percent year over year in September at $28.1 billion. Imports carried by truck were valued 23.3 percent higher in September 2010 compared to September 2009, said the BTS, and the value of exports carried by truck was up 20.7 percent. Texas led all states in surface trade with Mexico in September at $10.2 billion, marking the second time in the 15-year history of BTS TransBorder Freight Data that a state has topped $10 billion of surface trade with Mexico. This happened for the first time in September. 

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

Lyon, France-based Norbert Dentressangle, a $5.5 billion global third-party logistics (3PL) services provider focused on global logistics, transport, ocean, and air services, said today it has acquired Des Moines, Iowa-based Jacobson Companies, a value-added warehousing (VAW) company, for $750 million from private equity firm Oak Hill Capital Partners.

Download the newly released research report, "Transportation Management Systems" conducted by Peerless Research Group (PRG) on behalf of Supply Chain Management Review and Logistics Management magazines. Learn what logistic experts are saying about their current supply chain technology infrastructures, how they tackle the transportation component, and revealed the gaps that still need to be filled in order to attain end to-end visibility of a streamlined supply chain.

From cost center to growth center. Get insightful opinions on changes in the marketplace from this independent survey of warehouse personnel. Motorola Solutions examined the current warehousing marketplace in our 2013 Warehouse Vision Report, conducted April-May of 2013.

Even though not all publicly-traded less-than-truckload carriers (LTL) have posted second quarter earnings yet, the early consensus for those that have issued results is looking very good.

The advance estimate for second quarter GDP at 4.0 percent could serve as a sign of a steadier and improving economy.

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