American surface trade jumps 12.7% over November
www.chinatrucks.com: Trade using surface transportation between Canada, the US and Mexico, was 12.7% higher in November than in November 2010, totalling $76.7 billion, according to the Bureau of Transportation Statistics of the US Department of Transportation.
BTS reported that the November value of US surface transportation trade with Canada and Mexico rose 30.1% from November 2009, and 26.4% from November 2008.
The value of US surface transportation trade with Canada and Mexico in November increased by 18.3% when compared to November 2006, 72.6% when compared to November 2001. Imports in November were up 64.3% since November 2001, while exports were up 83.5%.
In November, 84.8% of US trade by value with Canada and Mexico moved via land, 10.8% moved by vessel, and 4.4% moved by air.
The value of US surface transportation trade with Canada and Mexico decreased 3.0% in November from October.
US-Canada surface transportation trade increased compared to November 2010 reaching $44.3 billion, a 12.2% increase.
In November trade by state, Michigan led all states in surface trade with Canada at $5.7 billion, a 26.7% increase from November 2010.
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