Subscribe to our free, weekly email newsletter!


U.S.-NAFTA trade up 6.2 percent in March, reports BTS

By Staff
May 30, 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 6.2 percent from March 2013 to March 2014 at $101.5 billion.

BTS said this tally marks the second highest amount on record, trailing only October 2013. It added that U.S.-NAFTA trade has seen annual gains in 8 of the last 9 months, with January’s 0.2 percent decline the lone exception and due largely in part to severe winter weather in the northern states and Canadian border.

For individual modes, BTS said vessel freight was up 8.9 percent annually, with air up 6.7 percent, and truck up 6.3 percent. Rail freight dipped 5.2 percent.

Trucks hauled the majority of freight at 60.1 percent in March, representing $31.2 billion in exports and $29.8 billion in imports.

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

While the Port of Oakland agrees that Saturday gate operations might ease congestion, they have a few "concerns" of their own

The four international marine container terminals at the Port of Oakland have announced they are developing a program to operate their terminal gates on Saturdays to reduce weekday congestion at the port.

Private fleet managers are facing a remarkable set of challenges in today's demanding business environment. The "from any place at any time" omni-channel fulfillment mindset is just one significant development that companies have had to adapt to in their quest to keep customers and business partners happy.

This is the first guaranteed weekly service direct to the U.S. from Singapore as part of the company’s initiative to enhance its LCL offerings serving Trans-pacific needs.

The city and Port of New Orleans have been roaring back since the catastrophic Hurricane Katrina struck ten years ago.

Article Topics

News · All topics

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