US-Canada surface trade jumps nearly 20% in Feb
WASHINGTON — Surface transportation and trade between the United States and its NAFTA partners took a significant 16.3 percent upturn in February 2008 from the same period the year before.
According to the Bureau of Transportation Statistics of the U.S. Department of Transportation, total trade reached $69.4 billion.
Surface transportation is made up of truck, rail and pipeline movements. About 90 percent of U.S. trade with Canada and Mexico moves on land.
Canada-based trade made up the bulk of the increase. Surface transportation trade totaled $45.0 billion in February — up 18.1 percent compared to February 2007. Michigan led all states in surface trade with Canada in February with $6.5 billion.
The value of the trade with Canada and Mexico was up a whopping 58.3 percent compared to February 2003, and up 89.5 percent compared to February 1998. Imports in February were up 104.8 percent compared to February 1998.
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