Can-Am surface trade tops $40B

WASHINGTON – U.S.-Canada surface transportation trade totaled $40.7 billion in October, up 12.2 percent compared to the same month in 2009.

The value of imports carried by truck was 11.6 percent higher in October 2010 compared to October 2009, while the value of exports carried by truck was 13.7 percent higher during this period, according to the Bureau of Transportation Statistics of the U.S. Department of Transportation.

Michigan, as usual, led all states in surface trade with Canada in October with $5.3 billion.

Overall, trade using surface transportation between all three NAFTA partners was 14.9 percent higher, reaching $70.6 billion.

Despite the increase, though, the value of surface trade in October 2010 remained 2.9 percent below the October 2008 level. 

Have your say

This is a moderated forum. Comments will no longer be published unless they are accompanied by a first and last name and a verifiable email address. (Today's Trucking will not publish or share the email address.) Profane language and content deemed to be libelous, racist, or threatening in nature will not be published under any circumstances.