WASHINGTON (AP) - Trade via trucks, trains and pipelines between the U.S.
and its North American Free Trade Agreement partners rose by more than 7 percent
in January, according to Transportation Department data.
Surface-transportation trade between the U.S. and Canada and Mexico rose 7.4
percent to $65.16 billion in January compared with the same month last year and
was up 7 percent from December's total, the Bureau of Transportation Statistics
said Monday.
Surface transportation consists largely of freight moved through trucks,
rails and pipelines. About 90 percent of U.S. trade by value with Canada and
Mexico moves on land.
Imports rose 4.7 percent to $36.65 billion, and exports of $28.51 billion
represented an 11.2 percent increase compared with January 2007.
Trade with Canada rose 8.6 percent to $42.04 billion in January, while trade
with Mexico rose 5.4 percent to $23.12 billion, according to the government
data.
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