More U.S.-NAFTA Trade Moved by Trucking

 

Percent Change in Value of U.S.-NAFTA Freight Flows by Mode

Percent Change in Value of U.S.-NAFTA Freight Flows by Mode   Photo Credit: U.S. DOT

According to the U.S. Transportation Department, $101.5 billion was the value of U.S.-NAFTA trade in March 2014, which is the second best record amount. The increase is 6.2% since March 2013. The only higher result was in October 2013. 

Pipeline transportation grew this March in comparison with March 2013 by 25.2%, trucking – by 6.3%, while rail declined by 5.2%. Trucking remains the main method of transportation, as it carries 60.1% of the trade. This means $31.2 billion in exports and $29.8 billion in imports.

For U.S.-Canada trade, trucking rose by 2.7%, while rail declined by 10.5%. Trucking used for transporting U.S.-Mexico trade jumped by 10.2%.  The overall increase in trade with Mexico is 8.8%, with the biggest part of it transported by trucks.

Read the full article at TruckingInfo. 


Eric is the Chief Marketing Officer of JW Surety Bonds. With years of experience in the surety industry, he is also a contributing author to the surety bond blog. He has held a range of different roles within the surety industry, from agent assistant to bond issuer, which gives him a unique insider perspective on surety related topics.

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