NAFTA Trade

When the U.S., Canada and Mexico implemented the North American Free Trade Agreement in 1994, it opened the door for open trade by ending tariffs on various goods and services and creating an even playing field for the three markets. Today, agricultural goods such as eggs, corn and meats; manufactured products such as auto parts; and raw materials such as steel and lumber flow freely across the borders, primarily by truck and rail.

The U.S. exported more than $280 billion in goods to Canada in 2011, making its northern neighbor the largest source for outgoing products.  U.S. imports, at more than $315 billion, make Canada the second-largest source of inbound goods after China.

Exports to and imports from Mexico set record highs in 2011, with exports reaching $198.4 billion and imports hitting $262.9 billion.

The combined $1.1 trillion in combined trade among the three partners make NAFTA the second-largest trade bloc in the world, second only to the 27-member European Union.

News & Analysis

27 Jul 2016
Linea Peninsular has added a weekly container service to Port Tampa Bay.
25 Jul 2016
TransForce's package division increased sales 6 percent, but its trucking business struggled in the second quarter.
14 Jun 2016
Canadian freight operator Manitoulin Global Forwarding added temperature-controlled trucking to its portfolio.
01 Jun 2016
A surge in auto exports, as well as other goods, helped lift trucking activity at the three largest U.S.-Canada border crossings.
27 May 2016
An increase in Asian freight shipped straight to Mexico means fewer trucks heading south from the U.S., tighter capacity for northbound shipments.
16 Mar 2016
U.S.-Mexico cross-border trade experts say it will be nearly impossible for U.S. presidential hopeful Donald Trump to pursue many of the cornerstones of his trade platform: including his now-infamous wall and severe tariffs on Mexico imports.

Commentary

Trucking companies facing a new Canadian eManifest deadline should follow these five steps to prepare for the rules and avoid fines and border delays.