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

UPS today announced diluted earnings per share of $1.32 for the third quarter 2014, a 13.8% improvement over the prior year period. Operating profit increased 8.3%, resulting from balanced growth across all three segments.

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 4.4 percent from August 2013 to August 2014 at $100.6 billion.

As expected, global trade dipped from August to September but still saw annual gains, according to data issued this week by Panjiva, an online search engine with detailed information on global suppliers and manufacturers.

Transportation and logistics merger and acquisition (M&A) activity in the third quarter saw annual gains, which were driven by smaller deals in the trucking logistics, shipping, and passenger air sectors, according to data issued in the Intersections report by PwC this week.

With the holidays rapidly approaching, it appears retailers are not quite done getting inventory set up and on the shelves in time for what is expected to be a fairly active shopping season. That much was evident based on recent data for September volumes issued by the Port of Los Angeles (POLA) and the Port of Long Beach (POLB).

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 2013 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA