NAFTA Trade at an All Time Low on Record

Surface transportation between the U.S., Canada and Mexico has dropped by almost 35 percent over the last 5 months, according to the Bureau of Transportation Statistics.

Canadian-U.S. surface trade is down by 40 percent, more than Mexico-U.S. Could the rise of gas prices, the recession and the recent discussions concerning tighting border patrol have anything to do with that?

But, what’s not shocking is the reduced traffic between the U.S. and Mexico. Since the Mexican National Trucking Association has filed a formal compliant against the U.S. government for removing the cross border trucking program, reducing access for Mexican truck drivers on the U.S. highways. The association has reported a $6 billion loss of business.

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