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

14 Jun 2016
Canadian freight operator Manitoulin Global Forwarding added temperature-controlled trucking to its portfolio.
02 Dec 2015
The surge in acquisitions keeps building, as truckload carrier Transport America, acquired last year by TransForce, buys logistics company Optimal Freight.
12 Nov 2015
An increase in the amount of freight transloaded at the U.S. border means Mexican trucking company Fletes México is using more of its own equipment to haul shipments to a U.S. crossdock facility. The trend has been noted by U.S. logistics operators, who claim it can help reduce a capacity imbalance at the U.S.-Mexican border.
11 Nov 2015
Consolidation continues in Eastern Canada's trucking market as Kriska Transportation Group acquires its second truckload carrier in two months. Access to cross-border shippers and their freight is one of the goals.
10 Nov 2015
Logistics operators at the U.S.-Mexican border are handling more transloaded truck freight, as rising volumes clash with the weak peso and imbalanced capacity.
21 Oct 2015
Historically plentiful Mexican truck capacity could tighten thanks in large part to a cross-border exchange rate that’s been driving up the price of equipment for smaller Mexican carriers, industry executives warn

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.