NAFTA Surface Trade Gains

(The Journal of Commerce)

Trade using surface transportation between the United States and North American Free Trade Agreement partners Canada and Mexico hit a new monthly high in October.

The record $74.2 billion in goods carried by truck, rail and pipeline in October topped the previous monthly high of $69.8 billion, set in March 2007, by 6.4 percent….

The value of North American surface trade was 11.1-percent higher than in October a year ago. The value of U.S. trade with Canada and Mexico has grown steadily since NAFTA went into effect in January, 1994…

Surface transportation trade with Canada in October totaled $47.7 billion, up 14.1 percent on-year. U.S.-Mexico surface transportation climbed 6 percent to $26.6 billion.