Subscribe to our free, weekly email newsletter!


Freight transportation: BTS says surface trade with NAFTA partners up 18.8 percent in July

By Staff
October 01, 2010

Trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was up 18.8 percent in July 2010 compared to July 2009, increasing to $61.3 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 July was 14.5 percent below July 2008 levels even with the 18.8 percent annual increase from July 2009 to July 2010. On a sequential basis, July 2010 North American surface freight value was down 12.3 percent compared to June 2010.

And said the value of U.S. surface transportation trade with Canada and Mexico in July was up 23.3 percent compared to July 2005, and up 45.6 percent compared to July 2000. Imports in July were up 34.5 percent compared to July 2000, while exports were up 60.7 percent, according to the BTS.

The BTS said the value of U.S. surface transportation trade with Canada was up 17.1 percent year-over-year in July at $36.3 billion. Imports carried by truck were valued 12.6 percent higher in July 2010 compared to July 2009, said the BTS, and the value of exports carried by truck was up 20.8 percent. Michigan paced all states in
surface trade with Canada in June at $3.5 billion.

The value of U.S. surface transportation trade with Mexico was up 21.5 percent year over year in July at $24.9 billion. Imports carried by truck were valued 22.4 percent higher in July 2010 compared to July 2009, said the BTS, and the value of exports carried by truck was up 22.4 percent. Texas led all states in surface trade with Mexico in July at $9.2 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

When the United States House of Representatives last week voted extend current law and authorizes surface transportation programs through the end of July by a steep margin, it was widely expected that the United States Senate and follow their lead. That is exactly what happened on Friday, May 22, with the measures headed to President Obama to be signed into law.

For the month of April, Cass and Avondale found that truckload rates in April, which measures truckload linehaul rates paid during the month, were up 3.8 percent annually, while intermodal dropped 1.9 percent annually during the same period.

Following the Pacific Maritime Association (PMA) signing off on ratifying a new five-year contract with the International Longshore & Warehouse Union (ILWU) on May 20, the ILWU followed suite on May 22, saying that 82 percent of its longshore worker members voted to ratify the tentative contract agreement between the parties that was reached on February 22.

Straying from its typical seasonal trajectory, United States-bound waterborne shipments dipped from March to April, according to data recently issued by Panjiva, an online search engine with detailed information on global suppliers and manufacturers.

One theme tied together all of the presentations, regardless of the topic: The importance of data.

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