NAFTA Partners Break Seven-Month Surface Trade Decline

(Canadian Transportation & Logistics via Truck News)

Trade using surface transportation between Canada, the U.S. and Mexico was 24.9% lower in August 2009 than in August 2008, coming in at $54.3 billion, according to the Bureau of Transportation Statistics (BTS) of the U.S. Department of Transportation. But that figure was still good enough to break a seven-month skid in surface trade numbers.

BTS, a part of the Research and Innovative Technology Administration, reported that the value of US surface transportation trade with Canada and Mexico rose 5.3% in August 2009 from July 2009.

The value of U.S. surface transportation trade with Canada and Mexico in August was up 1.3% compared to August 2004, and up 26.0% compared to August 1999. Imports in August were up 18.8% compared to August 1999, while exports were up 35.5%. Read more here.