WASHINGTON, D.C. — Trade using surface transportation between the US and its North American Free Trade Agreement (NAFTA) partners, Canada and Mexico, was 7.4% higher in January than in the same month last year, reaching $65.2 billion, according to the Bureau of Transportation Statistics (BTS) of the U.S. Department of Transportation.
The value of US surface transportation trade with Canada and Mexico rose 7.0% in January from December. Month-to-month changes can be affected by seasonal variations and other factors, BTW officials said.
US-Canada surface transportation trade totalled $42.0 billion in January, up 8.6% compared to January 2007. The value of imports carried by truck was 1.7% lower in January 2008 than January 2007, while the value of exports carried by truck was 11.0% higher. Michigan led all states in surface trade with Canada in January with $5.3 billion.
Surface transportation consists largely of freight movements by truck, rail and pipeline. About 90% of US trade by value with Canada and Mexico moves on land.
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