US-NAFTA Trade Continues To Climb
WASHINGTON, DC — Trucking imports to the United States from Canada and Mexico rose 4.2 percent year-over-year in April, according to the newest U.S. Transportation Department (DOT) figures.
Trucks and pipelines carried more of the trade between the U.S. and its North American Free Trade Agreement (NAFTA) partners, Canada and Mexico this April than April 2013. Trucks carried 60.3 percent of the $100.1 billion worth of trade, representing a 1.2-percent increase year-over-year. Of that total, trucks carried $30.6 billion in U.S. exports and $29.8 billion in U.S. imports.
Out of the 10 past months, only January saw a year-over-year decrease—0.2 percent—in NAFTA trade, but that was because of the harsh winter weather along the U.S.-Canada border, the DOT said.
While U.S. imports by truck rose by 4.2 percent, U.S. exports by truck declined by 2.5 percent from April 2013. Imports from Canada and Mexico each increased, while exports to each decreased.
Truck-carried trade between Canada and the U.S. rose by 0.4 percent over last April, with trucks accounting for 54.4 percent of the $55.8 billion worth of commodities moved to and from Canada.
Pipeline increased the most of any mode of transportation, with trade to and from Canada soaring 28.8 percent. Rail declined 6.5 percent, including an 11.3-percent stumble in imports that the DOT said is thanks in part to a decrease in vehicles and parts trade. Air freight to and from Canada fell 7.7 percent.
The top commodity moved between the United States and Canada was mineral fuels, of which 64.2 percent was moved by pipeline.