Can-Am truck trade up by over a third in March
WASHINGTON — U.S.-Canada surface transportation trade totaled $42.1 billion in March, up 35.6 percent compared to March 2009.
According to the Bureau of Transportation Statistics, the value of imports carried by truck between the two countries was 19.4 percent higher in March 2010 compared to March 2009, while the value of exports was 30.4 percent higher during this period.
Overall, surface transportation between all three NAFTA nations, including Mexico, was 37 percent higher in March 2010 than the same month last year, reaching $69.9 billion.
The 37-percent increase is the largest year-over-year rise on record – but freight value in March 2010 still remained 1.2 percent less than the value in March 2008, two years earlier.
The value of U.S. surface transportation trade with Canada and Mexico rose 17.6 percent from February to March.
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