BTS reports another month of U.S.-NAFTA trade gains


The Department of Transportation’s Bureau of Transportation Statistics (BTS)recently reported that United States trade with its北美自由贸易协定(NAFTA)partners Canada and Mexico rose 7.7% annually in June, the most recent month for which data is available.

This marks the eighth consecutive month in which there has been an annual increase.

Trucks carried 63.4% of U.S.-NAFTA freight and continued to be the most heavily utilized mode for moving goods to and from both U.S.-NAFTA partners. Trucks accounted for $32.2 billion of the $53.2 billion of imports (60.6% and $31.0 billion of the $46.6 billion of exports (66.6%).

Rail remained the second largest mode by value, moving 15.5% of all U.S.-NAFTA freight, followed by vessel, 6.4%; pipeline, 5.3%; and air, 3.8%. The surface transportation modes of truck, rail and pipeline carried 84.1% of the total value of U.S.-NAFTA freight flows.

BTS said that from June 2016 to June 2017, the value of U.S.-Canada freight flows increased by 6.0% to $51.1 billion as the value of freight on three major modes increased annually. The value of freight carried on pipeline increased by 30.5%, rail by 8.1%, and truck by 2.3%. Air decreased by 2.9 percent, and vessel decreased by 10.3 percent.

And the value of U.S.-Mexico freight flows for the same period was up 9.4% to $48.7 billion, with four modes seeing the value of freight up annually, including vessel up 27.7%, rail up 11.9%, air up 10.4%, and truck up 6.3%. Pipeline was off 22.7%.


Article Topics

News
Logistics
万博ag客户端app
BTS
Logistics
NAFTA
万博ag客户端app
All topics

Latest in Logistics

May intermodal volumes see declines, reports IANA
UPS Teamster members overwhelmingly approve strike authorization vote
May freight shipments and expenditures see annual declines, says Cass Freight Index
U.S. rail carload and intermodal volumes are down for the week ending June 10, reports AAR
May retail sales see gains, report Commerce and NRF
ILWU and PMA come to terms on a tentative new six-year labor deal
UPS and Teamsters come to terms on heat safety in ongoing negotiations
More Logistics

Subscribe to Logistics Management Magazine

Subscribe today!
Not a subscriber? Sign up today!
Subscribe today. It's FREE.
Find out what the world's most innovative companies are doing to improve productivity in their plants and distribution centers.
今天开始你的免费订阅。

June 2023 万博2.0app下载

June 5, 2023 · To better manage through the constrained labor market, logistics operations are courting more women and other diverse job candidates; ramping up their training programs; investing in automation; and ensuring that positions offer the work-life balance that many new recruits are seeking.

Latest Resources

New Cybersecurity Requirements for Supply Chains
Learn about the cybersecurity breaches commonly occurring from third party suppliers, how to find the security gaps, and how to mitigate future cyberattacks.
10 Things to Consider When Outfitting Your Warehouse
Reverse Logistics: Best Practices for Efficient Distribution Center Returns
More resources

Latest Resources

Your Road Guide to Worry-Free Shipping Between the U.S. and Canada
Your Road Guide to Worry-Free Shipping Between the U.S. and Canada
Get expert guidance and best practices to help you navigate the cross-border shipping process with ease. Download our free white paper today!
Warehouse/DC Automation & Technology: It’s “go time” for investment
Warehouse/DC Automation & Technology: It’s “go time” for investment
In our latest Special Digital Issue, Logistics Management has curated several feature stories that neatly encapsulate the rise of automated systems and...

Why accurate, real-time location data is a must for efficient operations
Why accurate, real-time location data is a must for efficient operations
Find out how next-generation workforce management apps use accurate, real-time location data to power successful operations in this webinar with Radar CEO...
Should you lease or buy your lift truck fleet?
Should you lease or buy your lift truck fleet?
Leasing critical equipment like lift trucks can offer flexibility, but some lease terms can be complex and costly if you’re not...
2023 State of the Third-Party Logistics (3PL) Industry Report
2023 State of the Third-Party Logistics (3PL) Industry Report
In this year’s Third-Party Logistics State of the Industry Report, you’ll learn about our top trends for the year and...