Trade using surface transportation between the United States and its North American Free Trade Agreement partners, Canada and Mexico, was 14.9 percent higher in October 2010 than in October 2009, reaching $70.6 billion
BTS: October Surface Trade with Canada and Mexico Tops $70 billion
Trade using surface transportation between the United States and its North American Free Trade Agreement partners, Canada and Mexico, was 14.9 percent higher in October 2010 than in October 2009, reaching $70.6 billio
by Staff
January 6, 2011
September and October month-to-month comparison revealed a 3.3 percent improvement in NAFTA surface trade, BTS says.
2 min to read
, according to the Bureau of Transportation Statistics of the U.S. Department of Transportation. Despite the 2009-2010 increase, the value of U.S. surface transportation trade with Canada and Mexico in October 2010 remained 2.9 percent below the October 2008 level.
The month-to-month comparison between September and October revealed a 3.3 percent improvement, BTS says.
The value of surface trade with Canada and Mexico in October was up 10.3 percent compared to October 2005, and up 36.4 percent compared to October 2000. Imports in October were up 28.0 percent compared to October 2000, while exports were up 47.5 percent.
Surface transportation consists largely of freight movements by truck, rail and pipeline. In October, 86.1 percent of U.S. trade by value with Canada and Mexico moved over land.
U.S. Surface Transportation Trade with Canada
U.S.-Canada surface transportation trade totaled $40.7 billion in October, up 12.2 percent compared to October 2009. The value of imports carried by truck was 11.6 percent higher in October 2010 compared to October 2009, while the value of exports carried by truck was 13.7 percent higher during this period.
Michigan led all states in surface trade with Canada in October with $5.3 billion.
U.S. Surface Transportation Trade with Mexico
U.S.-Mexico surface transportation trade totaled $29.9 billion in October, up 18.8 percent compared to October 2009. The value of imports carried by truck was 17.2 percent higher in October 2010 than October 2009 while the value of exports carried by truck was 13.8 percent higher.
Texas led all states in surface trade with Mexico in October with $10.9 billion. October was the third straight month in which Texas trade with Mexico by surface modes exceeded $10 billion.
October TransBorder numbers include data received by BTS as of Dec. 10. The news release and summary tables can be found at www.bts.gov.
More Fleet Management
From Diesel Prices to Cyberattacks: How the Iran War Is Affecting Trucking
The impact of the Iran conflict extends beyond fuel costs, bringing more fraud and cybersecurity risks to the trucking industry.
Read More →
ATA’s Spear Warns Fuel Prices, Trade Policy, and Global Conflict Could Stall Trucking Recovery
Speaking at the TMC Annual Meeting in Nashville, ATA President Chris Spear said trucking faces mounting pressure from rising fuel prices, geopolitical instability, and uncertainty around trade policy.
Read More →
New Entrants, Chameleon Carriers, and Safety: Is It Too Easy to Start a Trucking Company?
More than 100,000 new trucking companies enter the industry each year, but regulators manage to audit only a fraction of them. That churn creates opportunities for inexperienced startups — and for “chameleon carriers” that shut down after safety violations and reappear under new identities. Read more from Deborah Lockridge in this commentary.
Read More →
Fleet Managers Invited to Apply for Exclusive HDT Exchange Event
HDTX is an intimate event that connects heavy-duty trucking fleet managers with industry suppliers through small-group discussions, educational sessions, and structured one-on-one meetings.
Read More →
DAT Launches iPhone Widget to Help Owner-Operators Find Loads Faster
New DAT One feature shows top-paying loads directly on an iPhone’s home screen, helping carriers react faster to spot-market opportunities.
Read More →
Optimal Dynamics Launches AI System to Help Carriers Choose Better Freight
Optimal Dynamics says its new Scale platform uses AI agents and optimization to help carriers find and secure freight that improves network balance and profitability.
Read More →
DAT: Flatbed Demand Climbs as Van and Reefer Rates Soften
DAT Freight & Analytics data shows tightening flatbed capacity, easing produce markets, and softening van and reefer rates.
Read More →
Run on Less “Messy Middle” Data Shows Multiple Paths Forward for Truck Powertrains [Watch]
NACFE's Run on Less - Messy Middle project demonstrates the power of data in helping to guide the future of alternative fuels and powertrains for heavy-duty trucks.
Read More →
Federal Court Lets NYC Congestion Pricing Continue
A federal court ruling allows New York City’s congestion pricing program to continue, leaving truck tolls in place for fleets delivering into Manhattan.
Read More →
Fontaine Modification Launches Real-Time Truck Modification Tracking Portal
Fontaine Modification has introduced a new customer portal designed to give fleets real-time visibility into the truck modification process, addressing one of the most common questions fleet managers face: “Where’s my truck?”
Read More →