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

Getting items ordered online to your home on a same-day basis is as important or relevant as it needs to be, and it depends on things like the type of products being ordered and its relative urgency as well. This was put into better perspective for me during a recent conversation I had with Dr. Victor Allis, CEO of Quintiq, a supply chain vendor specializing in a single optimization and planning platform.

Diesel prices dropped for the third straight week, with the average price per gallon seeing a 2.5 percent decline to $3.869 per gallon, according to the Department of Energy’s Energy Information Administration (EIA).

Seasonally-adjusted (SA) for-hire truck tonnage in June dropped 0.8 percent on the heels of a revised 0.9 percent (from 1.0 percent) increase in May and was up 2.3 percent annually.

Even as Congress was putting the finishing touches on a 10-month short-term funding extension to the federal aid highway bill that temporarily averts a funding crisis, Transportation Secretary Anthony Foxx was ripping the measure as a short-term “gimmick” that once again fails to adequately fund U.S. infrastructure needs in the long run.

ISI is comprised of Integrated Services, ISI Logistics and ISI Logistics South and is focused on the warehousing and transportation needs of automotive shippers. RRTS said that in 2013, Integrated Services generated revenues of approximately $21 million adding that Integrated Services is expected to be accretive to Roadrunner’s earnings in 2014.

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