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North American surface transportation up 2.6% in August

The following is excerpted from the 6 November 2012 edition of Canadian Transportation & Logistics.

Trade using surface transportation between Canada, the US and Mexico, was 2.6% higher in August 2012 than in August 2011, totaling $82.5 billion, unadjusted for inflation, according to the Bureau of Transportation Statistics (BTS) of the US Department of Transportation. Adjusted for inflation and exchange rates, the August total was $60.5 billion in 2004 dollars, up 5.2% from August 2011.

BTS reported that the August value of US surface transportation trade with Canada and Mexico rose 52.0% from August 2009, shortly after the end of the last recession.

This article is available in its entirety at:
http://www.ctl.ca/news/north-american-surface-transportation-up-2-6-in-august/1001823684/

Topic(s)

International Trade and Border Management

Information source

Canadian News Channel
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