Canada-US surface trade edges higher Dec. 07
WASHINGTON — Surface transportation trade between the U.S. and its North American Free Trade Agreement (NAFTA) partners was 3.1 percent higher in December 2007 than in December 2006, reaching $60.9 billion, according to the Bureau of Transportation Statistics of the U.S. Department of Transportation.
However, the value of surface transportation trade with Canada and Mexico fell 13.4 percent in December from November
Surface transportation consists largely of freight movements by truck, rail and pipeline. About 90 percent of U.S. trade by value with Canada and Mexico moves on land.
U.S.-Canada surface transportation trade totaled $39.6 billion in December, up 3.7 percent compared to December 2006. The value of imports carried by truck was 6.7 percent lower in December 2007 than December 2006, while the value of exports carried by truck was 5.0 percent higher.
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