Truck trade with Canada and Mexico down in 2001

| 6/25/2002

The value of U.S. trade by truck, rail, and pipeline with Canada and Mexico fell in 2001, marking the first annual decline in the seven years since the implementation of the North American Free Trade Agreement (NAFTA), the U.S. Department of Transportation reported.

Surface trade was down 4.9 percent for 2001 with most of the decline taking place after the Sept. 11 terrorist attacks. The biggest decline took place in surface imports from Canada. They dropped 14.4 percent in the months following the terrorist attacks.

The steepest decline took place in truck trade, while rail trade fell more modestly and pipeline trade actually increased. Trucks moved nearly three-quarters of the total value of U.S. NAFTA surface trade in 2001, slightly less than trucking's 2000 share.