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N.A. surface trade jumps nearly 12% in February

WASHINGTON, D.C. -- Trade using surface transportation between Canada, the US and Mexico was 11.8% higher in February than in February 2010, reaching $66.5 billion, according to the Bureau of Transportation Statistics (BTS) of the US Department...


WASHINGTON, D.C. — Trade using surface transportation between Canada, the US and Mexico was 11.8% higher in February than in February 2010, reaching $66.5 billion, according to the Bureau of Transportation Statistics (BTS) of the US Department of Transportation.

BTS reported that the value of US surface transportation trade with Canada and Mexico in February rose 38.8% in two years from February 2009, which at $47.9 billion had the lowest amount of trade of any month since February 2004. Trade value in February was down 4.1% from the early recession level of February 2008.

Freight value in February fell 1.8% from January.

In February, 86.4% of US trade by value with Canada and Mexico moved on land, 9.3% moved by vessel, and 4.3% moved by air.

The value of US surface transportation trade with Canada and Mexico in February was up 11.3% compared to February 2006, and up 48.4% compared to February 2001. Imports in February were up 43.1% compared to February 2001, while exports were up 55.3%. 

US-Canada surface transportation trade totalled $40.0 billion in February, up 10.1% compared to February 2010. Michigan led all states in surface trade with Canada in February with $5.0 billion.


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