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Nov 27, 2008

STATISTICS * NAFTA - Cargo Broke Record in 2007

Washington,DC,USA -The Journal of Commerce/Traffic World, by Courtney Tower -24 Nov 2008: -- Despite the economic slowdown affecting trade in North America, U.S. freight shipments with Canada and Mexico increased 4.9 percent from $866 million to a record $909 billion in 2007 and, as the problems deepened, have risen further this year, according to the Department of Transportation's Bureau of Transportation Statistics... Two-way trade volumes between the U.S. and Canada and the U.S. and Mexico reached nearly 606 million tons in 2007... Total trade with Canada totaled $562 billion in 2007, up from $534 billion in 2006. Trade with Mexico, at $347 billion, increased from $332 billion...

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