The Trucking Trade Keeps Getting Bigger

According to the U.S. Department of Transportation’s Bureau of Transportation Statistics, surface-transportation trade between the United States, Canada and Mexico has increased 18.3% in August since last year, totaling $80.4 billion.

In fact, this is the second time since its inception that the U.S.-NAFTA measure exceeded $80 billion in a single month. Trade in 2011 has reached $596.5 billion as of November 1st.

Surface transportation throughout North America consists mainly of freight transports by truck, train, rail, pipeline, mail and Foreign Trade Zones. In August, 86% if U.S. trade with Canada and Mexico was transported over land by American, Canadian and Mexican trucking companies, 9.6% via vessel and 4.4% by air.

According to, the Research and Innovative Technology Administration reported: “NAFTA trade rose 48.2% in two years from August 2009 and 11.3% in three years from August 2008.”

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About James Cannon

James Cannon is an experienced hedge fund analyst. He has served on the advisory boards for various different Fortune 500 companies as well as serving as an adjunct professor of finance. James Cannon has written for a variety of Financial Magazines both on and off line. Contact James at james[at]