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Managed by Paul J. Loftus, a partner at Dinsmore & Shohl LLP, Transportation Law Today provides professionals in the rail, transit, inland maritime, and trucking industries with current news and analysis of laws, rulings, and regulatory policies.



Wednesday, January 11, 2012

U.S. Surface Trade with Canada and Mexico up 12%

U.S. Trade with NAFTA signatory countries Canada and Mexico was up 12% from October 2010 to October 2011. The attached release from the USDOT Research and Innovative Technology Administration's Bureau of Transportation Statistics, details the increase in trade over the period.

The overall value of combined import/expert trade with Canada and Mexico was just over $79 billion. Also of interest is the fact that the following rust belt states, Michigan, Ohio, and Pennsylvania, made the top 10 list for among states for trading volume with both Canada and Mexico.

Among the surface modes, "land modes" (i.e. highway, rail, and pipeline)dominated with 86.1% of U.S. trade to Canada and Mexico, with Vessel traffic representing 9.6%and Air 4.3%. Over all modes imports increased by 12.7% and exports by 11.2%. Both truck and rail exports showed strong increases during the period, 10.7 and 21.4% respectively.

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