Nafta Surface Trade Rose 11.3% in February
urface trade among the U.S., Canada and Mexico rose 11.3% in February to $53.6 billion, the Department of Transportation reported Thursday.
Surface transportation consists largely of freight movements by truck, rail and pipeline. About 90% of U.S. trade by value with North American Free Trade Agreement partners Canada and Mexico moves by land.
U.S. imports by truck rose 10.4% over February 2004 to $18 billion, while exports increased 10.1% to $16.3 billion, DOT’s Bureau of Transportation Statistics said.
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