The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported this week that U.S. trade with its North America Free Trade Agreement partners Canada and Mexico in December 2014 was up 5.4 percent annually at $95.8 billion.
This marks the 11th straight month of annual increases, according to BTS officials.
BTS said that truck, rail, air, and pipeline volumes were each up annually, with the value of NAFTA trade by vessel down in December, due to the reduced price of mineral fuels.
The value of commodities moving by truck was up 9.3 percent annually in December, followed by rail at 8.3 percent, air by 6.3 percent, and pipeline at 4.0 percent.
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