BTS says surface trade with NAFTA partners up 37.6 percent in June

By Staff
August 31, 2010 - LM Editorial

Trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was up 37.6 percent in June 2010 compared to June 2009, increasing to $69.9 billion, according to data released by the United States Department of Transportation’s Bureau of Transportation Statistics (BTS).

Surface transportation, according to the BTS, is comprised mainly of freight movements by truck, trail, and pipeline, and nearly 90 percent of U.S. trade by value with Canada and Mexico moves by land. According to the BTS 86.6 percent of U.S. trade by value with Canada and Mexico moved on land.

BTS officials said that the value of U.S. surface transportation trade with Canada and Mexico in June was 5.8 percent below June 2008 levels even with the 37.6 percent annual increase from June 2009 to June 2010. On a sequential basis, June 2010 North American surface freight value was up 4.6 percent compared to May 2010.

And said the value of U.S. surface transportation trade with Canada and Mexico in June was up 17.5 percent compared to June 2005, and up 38.0 percent compared to June 2000. Imports in June were up 33.7 percent compared to June 2000, while exports were up 43.4 percent, according to the BTS.

The BTS said the value of U.S. surface transportation trade with Canada was up 35.5 percent year-over-year in June at $42.0 billion. Imports carried by truck were valued 35.8 percent higher in June 2010 compared to June 2009, said the BTS, and the value of exports carried by truck was up 34.2 percent. Michigan paced all states in
surface trade with Canada in June at $5.9 billion.

And the value of U.S. surface transportation trade with Mexico was up 41.0 percent year over year in June at $27.8 billion. Imports carried by truck were valued 37.9 percent higher in June 2010 compared to June 2009, said the BTS, and the value of exports carried by truck was up 34.5 percent. Texas led all states in surface trade with Mexico in June at $9.9 billion.



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

Total POLB volumes dropped 9.1 percent in August at 573,083 TEU, and POLA volumes in August were up 6.7 percent compared to August 2013 at 757,702 TEU.

Following a week in which the average price per gallon was flat, diesel prices resumed their decline, falling 1.3 cents to $3.801 per gallon, according to the Department of Energy’s Energy Information Administration.

Read how others are using Business Process Modeling to implement Microsoft Dynamics AX with reduced risk.

While diesel prices have largely been out of the spotlight in 2014, freight transportation and logistics stakeholders always need to keep a close eye on what prices are doing, as it has a significant impact on transportation budgets and forecasting.

Railroad service issues and rates, which many rail shippers deem as unreasonable, are front and center in a piece of legislation to be introduced soon by Senators Jay Rockefeller (D-WV) and John Thune (R-SD), chairman and ranking member of the Senate Committee on Commerce Science and Transportation.

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