Subscribe to our free, weekly email newsletter!


U.S.-NAFTA trade is up 5.4 percent in May, reports BTS

By Staff
July 24, 2014

The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported this week that U.S. trade with its North America Free Trade Agreement (NAFTA) partners Canada and Mexico increased 5.4 percent from May 2013 to May 2014 at $103.9 billion.

BTS said that U.S.-NAFTA trade has been up for compared to the same month of the previous year for four straight months and in ten of the last 11 months, with the exception of a 0.2 percent January decline, which was due in large part to the harsh winter weather in the northeast U.S. and the U.S.-Canada border.

BTS said that commodities moving by pipeline increased by 23.1 percent, with vessel freight up 6.7 percent, and rail freight and truck freight up 6.2 percent and 3.8 percent, respectively. Air freight dropped 7.9 percent.

The top two modes percentage-wise in May were trucking at 59.9 percent for $31.8 billion of exports and $30.4 billion of imports, and rail at 15.2 percent of all U.S.-NAFTA trade. Vessel, pipeline, and air came in at 8.7 percent, 7.9 percent, and 3.4 percent, respectively.

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

Information abounds about the growing trend of electric lift trucks and the advantages and disadvantages of the electric solution. Amid all of the information from so many sources, what's the truth about electric lift trucks? This complimentary white paper breaks through the clutter to review why electric lift trucks are gaining in popularity and also to review their challenges, as well as their economic and environmental benefits.

Three weeks after initiating a coordinated series of slowdowns that have mired the major West Coast ports of Tacoma, Seattle, Oakland, Los Angeles and Long Beach, the ILWU has pushed away from the bargaining table.

DHL has released the third edition of its Global Connectedness Index (GCI), a detailed analysis of the state of globalization around the world.

The truck driver shortage is worsening, threatening the trucking industry’s ability to serve the nation’s supply chains. The shortage will almost certainly cause fleets’ costs to increase and shippers’ rate to continue to rise.

The Agriculture Transportation Coalition has asked the Administration to bring in a federal mediator to help resolve the negotiations, and if a strike or lockout occurs, the AgTC advocates the rarely-invoked Taft-Hartley Act.

Article Topics

News · NAFTA · BTS · 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