BTS says surface trade with NAFTA partners up 25.3 percent in August

Trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was up 25.3 percent in August 2010 compared to August 2009, increasing to $68.0 billion, according to data released by the United States Department of Transportation’s Bureau of Transportation Statistics (BTS).

By ·

Trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was up 25.3 percent in August 2010 compared to August 2009, increasing to $68.0 billion, according to data released by the United States Department of Transportation’s Bureau of Transportation Statistics (BTS).

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 86.6 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 August was 5.9 percent below August 2008 levels despite an annual increase from August 2009 to August 2010 of 25.3 percent. On a sequential basis, August 2010 North American surface freight value was up 10.9 percent compared to July 2010.

And BTS said the value of U.S. surface transportation trade with Canada and Mexico in August was up 12.9 percent compared to August 2005, and up 35.1 percent compared to August 2000. Imports in August were up 29.3 percent compared to August 2000, while exports were up 42.5 percent, according to the BTS.

The BTS said the value of U.S. surface transportation trade with Canada was up 21.1 percent year-over-year in August at $39.9 billion. Imports carried by truck were valued 23.2 percent higher in August 2010 compared to August 2009, said the BTS, and the value of exports carried by truck was up 19.8 percent. Michigan paced all states in
surface trade with Canada in August at $5.4 billion.

The value of U.S. surface transportation trade with Mexico was up 31.7 percent year over year in August at $28.1 billion. Imports carried by truck were valued 29.1 percent higher in August 2010 compared to August 2009, said the BTS, and the value of exports carried by truck was up 30.6 percent. Texas led all states in surface trade with Mexico in August at $10.2 billion, marking the first time in the 15-year history of BTS TransBorder Freight Data that a state has topped $10 billion of surface trade with Mexico. 


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!

Latest Whitepaper
Six Ways Cloud ERP Supports Rapid Innovation
Kenandy is a new approach to ERP that lets you and your team focus on driving innovation, creating new product lines, and expanding your customer base even as you improve your business operations.
Download Today!
From the November 2016 Issue
The third time is the charm for this U.S. manufacturer on the hunt for a third-party logistics (3PL) provider that could successfully combine transportation services and technology capabilities under one roof.
Warehouse & DC Operations Survey: Ready to confront complexity
2016 Quest for Quality Awards Dinner
View More From this Issue
Subscribe to Our Email Newsletter
Sign up today to receive our FREE, weekly email newsletter!
Latest Webcast
Best Practices: How to Efficiently Leverage APIs to Increase Your Net Income
Both legacy and modern technology leaders agree that leveraging API connectivity is critical in keeping up with the pace of a world that demands not only speed and agility, but also a deep level of visibility. During this session a panel of technology and industry experts discuss impact APIs can have on annual net income and market capitalization.
Register Today!
EDITORS' PICKS
Logistics Management’s Top Logistics News Stories 2016
From mergers and acquisitions to regulation changes, Logistics Management has compiled the most...
Making the TMS Decision: Ariens Finds Just the Right Fit
The third time is the charm for this U.S. manufacturer on the hunt for a third-party logistics (3PL)...

Motor Carrier Regulations Update: Caught in a Trap
The fed is hitting truckers with a barrage of costly regulations in an era of scant profits....
25th Annual Masters of Logistics
Indecision revolving around three complex supply chain elements—transportation, technology and...