Wednesday, June 1, 2011

Laredo number port in US for North American trade ahead of motown USA



Excerpted from the San Antonio Express News
By David Hendricks

In 2010, Texas led all states in surface trade with Mexico, comprised of trucking, rail and pipelines. Texas also was the first state with more than $100 billion in surface trade with Mexico in a calendar year.
In all, Texas-Mexico surface trade totaled some $114.5 billion worth of goods, up 33.07 percent from $86 billion in 2009, according to the U.S. Bureau of Transportation Statistics. California was a distant second in 2010 with Mexico surface trade at $47.6 billion.

The percent increase for Texas-Mexico surface trade was higher than the U.S.-Mexico increase of 27.6 percent in 2010 over the previous year. Of the $320.26 billion in 2010 surface trade between the U.S. and Mexico, 81 percent traveled by truck.

Of the top U.S. ports, Laredo ranks No. 1 in North American trade volumes in all modes, including ship and air, crossing 13.2 percent in 2010, according to the U.S. Department of Transportation. Detroit was second with 12.2 percent. Six Texas ports rank among the top 17 U.S. ports for North American trade. After Laredo, they are, in order, El Paso (No. 5), Hidalgo (No. 7), Houston (No. 10), Eagle Pass (No. 12) and Brownsville (No. 17).

The higher freight volumes in 2010 were due to a recovering U.S. economy, observers said.


Read more: http://www.chron.com/disp/story.mpl/business/7585224.html#ixzz1O5WHzZAN

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