June surface trade with Canada and Mexico Fell 31.5% from last year
Surface transportation consists largely of freight movements by truck, rail and pipeline.
The Trucker News Services
8/31/2009
Trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was 31.5 percent lower in June 2009 than in June 2008, dropping to $50.8 billion in the sixth consecutive month with a year-to-year decline of greater than 27 percent, according to the Bureau of Transportation Statistics (BTS) of the U.S. Department of Transportation.
BTS, a part of the Research and Innovative Technology Administration, reported that the value of U.S. surface transportation trade with Canada and Mexico rose 6.0 percent in June 2009 from May 2009. Month-to-month changes can be affected by seasonal variations and other factors.
Surface transportation consists largely of freight movements by truck, rail and pipeline. About 88 percent of U.S. trade by value with Canada and Mexico moves on land.
Kevin Jones of The Trucker staff can be reached for comment at kevinj@thetrucker.com.
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