(The Associated Press circulated the following on August 30.)
WASHINGTON, D.C. — Trade using trucks, railroads and pipelines between the U.S. and its North American Free Trade Agreement partners rose about 4 percent to nearly $69.53 billion in June, according to government data released Thursday.
Imports rose by more than 4 percent to about $39.56 billion, while exports increased 3.5 percent to about $29.97 billion compared with the same month last year, according to the Department of Transportation’s Bureau of Transportation Statistics.
Trade with Canada rose more than 5 percent to $45 billion in June as the value of both exports and imports increased, according to the government data.
Trade with Mexico rose nearly 2 percent to $24.53 billion, with a 2.2 percent drop in exports more than offset by a 5 percent jump in the value of imports.
About 90 percent of U.S. trade by value with Canada and Mexico moves on land, and Canadian National Railway Co., Union Pacific Corp., Burlington Northern Santa Fe Corp. and CSX Corp. are among the largest railroad operators. Trucking companies include: Con-Way Inc., Marten Transport Ltd., YRC Worldwide Inc. and Knight Transportation Inc.