Thursday, June 2, 2011

TRUCKING STATISTICS * USA - NAFTA Surface Trade Posts Record Value

Trade hit $80.8 billion in March, up 15 percent year-over-year

Washington,DC,USA -The Journal of Commerce Online, by Joseph Bonney -May 31, 2011: -- The value of surface transportation trade between the U.S. and Canada and Mexico hit a record $80.8 billion in March, a year-over-year gain of 15.6 percent, the Transportation Department reported... It was the highest monthly total since 1994, when the DOT began collecting data on trade with the United States’ partners in the North American Free Trade Agreement. The statistics are not adjusted for inflation... Freight value in March rose 21.5 percent from February... Trucks carry more than 85 percent of the value of U.S. trade with Canada and Mexico. U.S.-Canada surface transportation trade totaled $48.7 billion, up 15.7 percent from March 2010. U.S.-Mexico volumes amounted to $32.1 billion, up 15.3 percent...

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