Subscribe to our free, weekly email newsletter!


BTS says surface trade with NAFTA partners up 37.6 percent in June

By Staff
August 31, 2010

Trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was up 37.6 percent in June 2010 compared to June 2009, increasing to $69.9 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 June was 5.8 percent below June 2008 levels even with the 37.6 percent annual increase from June 2009 to June 2010. On a sequential basis, June 2010 North American surface freight value was up 4.6 percent compared to May 2010.

And said the value of U.S. surface transportation trade with Canada and Mexico in June was up 17.5 percent compared to June 2005, and up 38.0 percent compared to June 2000. Imports in June were up 33.7 percent compared to June 2000, while exports were up 43.4 percent, according to the BTS.

The BTS said the value of U.S. surface transportation trade with Canada was up 35.5 percent year-over-year in June at $42.0 billion. Imports carried by truck were valued 35.8 percent higher in June 2010 compared to June 2009, said the BTS, and the value of exports carried by truck was up 34.2 percent. Michigan paced all states in
surface trade with Canada in June at $5.9 billion.

And the value of U.S. surface transportation trade with Mexico was up 41.0 percent year over year in June at $27.8 billion. Imports carried by truck were valued 37.9 percent higher in June 2010 compared to June 2009, said the BTS, and the value of exports carried by truck was up 34.5 percent. Texas led all states in surface trade with Mexico in June at $9.9 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 March was up 1.1 percent on the heels of a revised 2.8 percent (from 3.1 percent) February decline, with the SA index at 133.5 (2000=100). This is off 0.3 percent from the all-time high for the SA of 135.8 from January 2015 and is up 5 percent annually.

Intermodal volume was up 8.1 percent annually at 280,016 containers and trailers. This outpaced the week ending April 11 at 270,463 and the week ending April 4 at 271,127. AAR said this tally marks the second highest weekly output it has ever recorded as well as the first time container and trailer traffic was higher than carloads for a one-week period.

Ocean cargo carrier service reliability across the three core East-West trades hit a five-month peak in March with an aggregate on-time performance of 64 percent, according to Carrier Performance Insight, the online schedule reliability tool provided by Drewry Supply Chain Advisors.

The Airforwarders Association, which represents more than 360 companies that move air cargo through the supply chain, today applauded an agreement reached by Congressional leaders to advance legislation giving the President authority to conclude key global trade agreements.

Despite great opportunity for growth, the logistics market in Latin America is lagging behind other emerging markets thanks in part to its notoriety for corruption, violence, poor infrastructure and government bureaucracy.

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