Can-Am truck trade drops over 25%
WASHINGTON — Surface transportation trade among the three NAFTA nations plummeted again — this time by 27.9 percent in March from a year earlier.
That’s the third consecutive month of decline greater than 27 percent, the Department of Transportation reports.
U.S.-Canada trade, specifically, fell 34.2 percent to $31 billion. The value of truck imports fell 26.8 percent and truck exports dropped 25.1 percent.
Overall, truck imports from both Canada and Mexico to the U.S. dropped 21.5 percent to $18.7 billion, while exports fell 18.9 percent to $18.9 billion.
About 90 percent of U.S. trade among NAFTA partners moves by land.
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