North American surface transportation jumps

Is this partly due to dollar devaluation?

North American surface transportation jumps
September 30, 2008 3:06:21 PM

Surface transportation surged in July for trade between the U.S. and Canada and Mexico.

Trade using surface transportation between the United States and its North American Free Trade Agreement partners was 15.9 percent higher in July 2008 than in July 2007, reaching $71.6 billion, according to the Bureau of Transportation Statistics of the U.S. Department of Transportation.

Exports were responsible for the largest part of the increase.

• The value of exports carried by truck between the United States and Canada was 16.2 percent higher, while imports carried by truck rose 2.6 percent.
• The value of exports carried by truck between the United States and Mexico was 13.8 percent higher while imports carried by truck grew 7.2 percent.

Trucks carried a total of $46.8 million in goods. Railroads and pipelines carried $24.8 million in goods across the North American borders.

from Traffic World