News: Cross-border
0 Comments Share
NAFTA Trade Hits Record High

Percent change in value of U.S.-NAFTA freight flows by mode: October 2013 compared to October 2012.

WASHINGTON, DC — The value of U.S. trade with Canada and Mexico was $103.1 billion in October, exceeding the $100 billion mark for the first month on record, according to the U.S. Department of Transportation.

NAFTA trade rose 4.5 percent in October 2013 when compared to October 2012 and ground transportation hit an all-time high of $85.4 billion (of that, $61.4 billion was the worth of freight by truck and $15.9 billion by rail).

Despite the significant increase in trade between NAFTA partners, truck trade between Canada and the U.S. only rose by 0.7 percent.

For trade with Canada in October, trucks carried 53.5 percent of the $56.7 billion of freight, followed by rail at 16.5 percent, pipelines at 13.7 percent, vessel at 6 percent and air at 4.5 percent. The surface transportation modes of truck, rail and pipeline carried 83.8 percent of the total U.S.-Canada freight flows.

The top commodity transported between the states and Canada was mineral fuels, of which $7.8 billion was moved by pipeline.

The North American Free Trade Agreement (NAFTA) started in 1994 to create free trade between Canada, the U.S. and Mexico.

Email Editor     Comment Below
Rate this Article!
Filed Under: NAFTA Canada U.S. Mexico truck rail transportation freight
We Recommend:
Popular this Week:
Social Activity




Notify me of other comments on this story (requires email and password)

* Please type the letters above exactly as they appear:  

Please Note:

While we value your feedback, please avoid profane or personal attacks. You should know that if your comment contains libelous, prejudicial or just plain wrong statements, it will be deleted.

Report Abuse

Video Reel