January land transportation trade between the U.S. and its NAFTA partners was up 19.5 percent from January 2009, the largest year-over-year gain since March 2000
, according to the Bureau of Transportation Statistics (BTS) of the U.S. Department of Transportation.
Following December's first year-over-year boost since 2008, surface transportation trade landed at $56.7 billion for the month of January. However, January's figures were down 3 percent from December. Month-to-month changes can be affected by seasonal variations and other factors.
Surface transportation consists largely of freight movements by truck, rail, and pipeline. In January, 86.1 percent of U.S. trade by value with Canada and Mexico moved on land.
The value of U.S. surface transportation trade with Canada and Mexico in January was up 8.3 percent compared to January 2005, and up 31.6 percent compared to January 2000, a period of 10 years. Imports rose 28.4 percent compared to January 2000, while exports gained 35.8 percent.
U.S. land transportation trade with Canada accounted for $34.2 billion in January, 18 percent higher than January 2009. The value of imports carried by truck was up 7.2 percent from January 2009, while the value of exports carried by truck was 17.1 percent higher during this period.
U.S.-Mexico surface transportation trade was at $22.5 billion in January, a gain of 21.7 percent compared to January 2009. The value of imports carried by truck was 18.9 percent higher in January 2010 than January 2009 while the value of exports carried by truck was 11.5 percent higher.
, according to the Bureau of Transportation Statistics (BTS) of the U.S. Department of Transportation.
Following December's first year-over-year boost since 2008, surface transportation trade landed at $56.7 billion for the month of January. However, January's figures were down 3 percent from December. Month-to-month changes can be affected by seasonal variations and other factors.
Surface transportation consists largely of freight movements by truck, rail, and pipeline. In January, 86.1 percent of U.S. trade by value with Canada and Mexico moved on land.
The value of U.S. surface transportation trade with Canada and Mexico in January was up 8.3 percent compared to January 2005, and up 31.6 percent compared to January 2000, a period of 10 years. Imports rose 28.4 percent compared to January 2000, while exports gained 35.8 percent.
U.S. land transportation trade with Canada accounted for $34.2 billion in January, 18 percent higher than January 2009. The value of imports carried by truck was up 7.2 percent from January 2009, while the value of exports carried by truck was 17.1 percent higher during this period.
U.S.-Mexico surface transportation trade was at $22.5 billion in January, a gain of 21.7 percent compared to January 2009. The value of imports carried by truck was 18.9 percent higher in January 2010 than January 2009 while the value of exports carried by truck was 11.5 percent higher.
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