BTS says surface trade with NAFTA partners is up 4.6 percent in July

By Staff
September 27, 2012 - LM Editorial

The United States Department of Transportation’s Bureau of Transportation Statistics (BTS) said today that trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was up 4.6 percent in July 2012 compared to July 2011 at $75.7 billion.

BTS said that the value of U.S. surface transportation trade with Canada and Mexico in May was up 5.7 percent compared to July 2008 and up 75.0 percent from May 2009. And it was up 82.8 percent compared to July 2002. July imports were up 66.7 percent and exports were up 105.1 percent during the same period.

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 86.3 percent of U.S. trade by value with Canada and Mexico moved on land in July, with 10.0 percent moving by vessel, and 3.7 percent by air.

The BTS said the value of U.S. surface transportation trade with Canada and Mexico in July dipped 8.4 percent from June.

U.S.-Canada surface transportation trade in July at $42.9 billion was up 1.0 percent annually. Illinois paced all states in surface trade with Canada in July at $4.9 billion for a 9.3 percent annual gain. BTS said this marks the first time Illinois was ahead of Michigan in this category since October 2009. And it added that the main reason for this is that “many automotive plants in Michigan retool their production facilities in July for the upcoming model year, which reduces Michigan trade with Canada, as much of that trade is in automobiles and auto parts.”

The value of U.S. surface transportation trade with Mexico was up 9.7 percent year over year in July at $32.7 billion. Texas led all states in surface trade with Mexico in July at $11.9 billion, up 11.8 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

February manufacturing data issued today by the Institute for Supply Management (ISM) dipped slightly compared to January, according to the most recent edition of the organization’s Manufacturing Report on Business.

As U.S. West Coast ports begin to address their critical congestion issues, an innovative approach is being launched at San Pedro Bay.

The ongoing financial travails of the Highway Trust Fund was made clear in a position paper recently issued by Jeff Davis, senior fellow at the Eno Center for Transportation. In the paper–entitled “Why Not A Ten-Year Surface Transportation Bill?”-Davis points to past federal transportation bills, as well as the White House’s GROW AMERICA proposal as having one fatal flaw in common: they each leave the HTF on worst financial shape after the bill expires than it was prior to the bill being enacted.

Working with research partner, The Economist Intelligence Unit, the IBM Institute for Business Value surveyed 1,023 global procurement executives from 41 countries in North America, Europe and Asia.

U.S. Carloads were down 7.8 percent annually at 259,544, and intermodal volume was off 15.7 percent for the week ending February 21 at 213,617 containers and trailers.

Article Topics

News · Freight · NAFTA · BTS · All topics

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 2015 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA