The value of trade between the United States and its North American trading partners rose in May compared to a year ago, according to the US Department of Transportation.
Specifically, the value of U.S.-Canada trade by truck rose 2.7%. Trucks carried 53.9% of the $57.7 billion of freight to and from Canada.
Overall, U.S.-NAFTA trade totaled $103.9 billion in May 2014, 5.4% more than a year ago.
U.S.-NAFTA trade has increased from the same month of the previous year for four consecutive months and in 10 of the last 11 months, interrupted by a 0.2% decrease in January. The January decline reflected the severe weather in the northern states and along the U.S.-Canada border.
Trucks, the most heavily utilized mode for moving goods to and from both U.S.-NAFTA partners, saw the value of NAFTA freight increase 3.8%. Trucks carried 59.9% of U.S.-NAFTA trade in May 2014, accounting for $31.8 billion of exports and $30.4 billion of imports.
Experts, however, continue to encourage carriers to employ GPS tracking systems as it remains the best deterrent for preventing cargo theft and recovering stolen property.