(CIFFA
eBulletin)
Trade
using surface transportation between the United
States and its North American Free
Trade Agreement (NAFTA) partners Canada and Mexico was
14.9% higher in October 2010 than in October 2009, reaching $70.6 billion,
according to the Bureau of Transportation Statistics (BTS) of the U.S.
Department of Transportation. The value of U.S.
surface transportation trade with Canada and Mexico in
October 2010 remained 2.9% below the October 2008 level despite the 2009-2010
increase.
BTS
reported that the value of U.S.
surface transportation trade with Canada and Mexico rose
3.3% in October 2010 from September 2010. Month-to-month changes can be
affected by seasonal variations and other factors.
U.S.-Canada
surface transportation trade totalled $40.7 billion in October, up 12.2%
compared to October 2009. U.S.-Mexico surface transportation trade totalled
$29.9 billion in October, up 18.8% compared to October 2009. In October, 86.1%
of U.S. trade
by value with Canada and Mexico moved
on land.
