Current Issue
Material Handling Wholesaler Cover
October 2017
Women leaders find success in the heart of commerce. Read more in October's cover story.

Industry News

View Material Handling Wholesaler's profile on LinkedIn



BTS releases North American surface trade numbers for August:
August 2012 Surface trade with Canada and Mexico rose 2.6 percent from August 2011

Trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners, Canada and Mexico, was 2.6 percent higher in August 2012 than in August 2011, totaling $82.5 billion, unadjusted for inflation, according to the Bureau of Transportation Statistics (BTS) of the U.S. Department of Transportation. Adjusted for inflation and exchange rates, the August 2012 total was $60.5 billion in 2004 dollars, up 5.2 percent from August 2011. BTS, a part of the Research and Innovative Technology Administration, reported that the August 2012 value of U.S. surface transportation trade with Canada and Mexico rose 52.0 percent from August 2009, shortly after the end of the last recession. Data in the press release are not adjusted for inflation, except for monthly totals in Figure 1 of the press release. The value of U.S. surface transportation trade with Canada and Mexico in August increased by 76.5 percent compared to August 2002, a period of 10 years. Imports in August were up 63.2 percent since August 2002, while exports were up 94.2 percent. Surface transportation includes freight movements by truck, rail, pipeline, mail, other modes of transport, and goods moving into Foreign Trade Zones. In August, 87.2 percent of U.S. trade by value with Canada and Mexico moved via land, 8.9 percent moved by vessel, and 3.9 percent moved by air. U.S.-Mexico August 2012 trade reached $35.5 billion, a 7.8 percent increase from August 2011, while U.S.-Canada trade was $47.0 billion, a 1.0 percent decrease due to a decrease in imports from Canada. For trade statistics by mode, see Table 4 for Canada and Table 6 for Mexico. For the 12-month period ending in August 2012, U.S. trade by surface transportation with Mexico has increased, while U.S. trade with Canada decreased. See BTS Transborder Data Release for summary tables, state rankings and additional data. See North American Transborder Freight Data for historical data.                                                                                                                           
-End-  


ADVERTISEMENTS