BTS reports surface trade with NAFTA partners is up 12.1 percent in April

By Staff
June 29, 2011 - LM Editorial

The United States Department of Transportation’s Bureau of Transportation Statistics (BTS) reported today that trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was up 12.1 percent in April 2011 compared to April 2010, coming in at $73.8 billion.

This tally is down from 8.7 percent from the $80.8 billion in March, which was the highest level for any month since the BTS began collecting data in 1994.

The BTS said that the value of U.S. surface transportation trade with Canada and Mexico in April was up 19.5 percent compared to April 2006 and up 57.6 percent compared to April 2001, with imports up 48.3 percent and exports up 70.0 percent.

Surface transportation, according to the BTS, is comprised mainly of freight movements by truck, trail, and pipeline, mail and Foreign Trade Zones, and nearly 90 percent of U.S. trade by value with Canada and Mexico moves by land. According to the BTS 85.8 percent of U.S. trade by value with Canada and Mexico moved on land, with 9.8 percent moving by vessel, and 4.4 percent by air.

BTS officials said that the value of U.S. surface transportation trade with Canada and Mexico in April increased 19.5 percent since April 2006 and 57.6 percent compared to April 2001.

The BTS said the value of U.S. surface transportation trade with Canada was up 11.8 percent year-over-year in April at $44.6 billion. Imports carried by truck were valued 5.3 percent higher in April 2011 compared to April 2010, said the BTS, and the value of exports carried by truck was up 12.4 percent. Michigan paced all states in surface trade with Canada in April at $5.8 billion for a 6.6 percent annual gain.

The value of U.S. surface transportation trade with Mexico was up 12.4 percent year over year in April at $29.1 billion. Imports carried by truck were valued 10.5 percent higher in April 2011 compared to April 2010, said the BTS, and the value of exports carried by truck was up 12.7 percent. Texas led all states in surface trade with Mexico in April at $10.1 billion, up 10.8 percent annually.



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

Download the newly released research report, "Transportation Management Systems" conducted by Peerless Research Group (PRG) on behalf of Supply Chain Management Review and Logistics Management magazines. Learn what logistic experts are saying about their current supply chain technology infrastructures, how they tackle the transportation component, and revealed the gaps that still need to be filled in order to attain end to-end visibility of a streamlined supply chain.

From cost center to growth center. Get insightful opinions on changes in the marketplace from this independent survey of warehouse personnel. Motorola Solutions examined the current warehousing marketplace in our 2013 Warehouse Vision Report, conducted April-May of 2013.

Even though not all publicly-traded less-than-truckload carriers (LTL) have posted second quarter earnings yet, the early consensus for those that have issued results is looking very good.

The advance estimate for second quarter GDP at 4.0 percent could serve as a sign of a steadier and improving economy.

Following the lead of its Congressional Colleagues in the House of Representatives, the United States Senate yesterday approved a measure geared to keep federal surface transportation funding intact through December 20 with a nearly $11 billion stopgap fix.

About the Author

Jeff Berman, News Editor
Jeff Berman is Group News Editor for Logistics Management, Modern Materials Handling, and Supply Chain Management Review. Jeff works and lives in Cape Elizabeth, Maine, where he covers all aspects of the supply chain, logistics, freight transportation, and materials handling sectors on a daily basis. Contact Jeff Berman.

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