Subscribe to our free, weekly email newsletter!


Transportation news: BTS says surface trade with NAFTA partners up 32.4 percent in April

image
By Staff
June 29, 2010

Trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was up 32.4 percent in April 2010 compared to April 2009, increasing to $65.8 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.

This output, said the BTS, marks the third straight monthly increase of at least 24 percent year-over -year. But total freight value for April 2010 was 11.4 percent off from April 2008.

BTS officials also noted that the value of U.S. surface transportation trade with Canada and Mexico in March dipped 5.9 percent in April 2010 compared to March 2010. They added that in April 86.6 percent of U.S. trade by value with Canada and Mexico moved on land.

BTS officials said the value of U.S. surface transportation trade with Canada and Mexico in April was up 12.9 percent compared to April 2005, and up 40.5 percent compared to April 2000. Imports in April were up 38.2 percent compared April 2000, while exports were up 43.3 percent, according to the BTS.

The BTS said the value of U.S. surface transportation trade with Canada was up 32.1 percent year-over-year in April at $39.9 billion. Imports carried by truck were valued 21.5 percent higher in April 2010 compared to April 2009, said the BTS, and the value of exports carried by truck was up 31.6 percent. Michigan paced all states in
surface trade with Canada in April at $5.5 billion.

And the value of U.S. surface transportation trade with Mexico was up 32.8 percent year over year in April at $25.9 billion. Imports carried by truck were valued 31.2 percent higher in April 2010 compared to April 2009, said the BTS, and the value of exports carried by truck was up 28.6 percent. Texas led all states in surface trade with Mexico in April at $9.1 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

Almost all companies today are aware of their labor or material costs... but what about energy consumption? It all comes down to having the energy data needed to determine what actions you must take to improve. The payoff is worth it, as insight into energy data allows you to make more valuable, relevant operating decisions.

With lower energy prices sparking domestic economic gains, coupled with solid manufacturing and industrial production activity, improving jobs numbers, and a GDP number that shows progress, there is, or there should be, much to be enthused about when it comes to the economy and the economic recovery, which has been raised and discussed and dissected from basically every angle possible, it seems. But that enthusiasm regarding the economy needs to be tempered, because big headline themes seldom tell the full story at all really.

The annualized turnover rate for large truckload carriers in the third quarter rose one percentage point to 97 percent, according to the ATA.

The Pacific Maritime Association (PMA), representing employers at 29 ports, and the International Longshore and Warehouse Union (ILWU), which represents 20,000 dockworkers, have come to a tentative agreement on a key issue in ongoing contract negotiations.

Diesel prices continued their ongoing decline, with the average price per gallon falling 6.7 cents to $2.866 per gallon, according to data issued this week by the Department of Energy’s Energy Information Administration (EIA).

Article Topics

News · All topics

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