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

The American Association of Port Authorities (AAPA) had nothing but praise for the Senate passage over the past weekend of the Bipartisan Congressional Trade Priorities and Accountability Act of 2015 (TPA-2015).

While there are apparent benefits to switching from diesel fuel to natural gas in terms of promised climate benefits, they come with a catch according to a research paper recently researched by the Environmental Defense Fund (EDF).

The popularity of cloud computing has consumed headlines ranging from fear and doubt, to claims of being the ultimate answer to all software applications in the enterprise. You may be asking yourself, what's the real story? Download the white paper, WMS in the Cloud, today to find out if cloud computing is right for your business.

A well-designed driver wellness program could make the job more attractive and help alleviate driver turnover.

Download this new white paper to understand vital (and complex) customs requirements and competitive strategies for business shipping through the US/Canada border.

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