Business Daily from THE HINDU group of publications Monday, Mar 10, 2008 ePaper | Mobile/PDA Version |
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Logistics
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Trends Transport focus in US election
The figures recently released by the Bureau of Transportation Statistics of the US Department of Transportation showed how vital the North American Free Trade Agreement had been to traffic flows in the region. The value of US surface transportation trade with Canada and Mexico in December 2007 was up more than 49 per cent compared to December 2002, and up more than 73 per cent compared to December 2007. Imports in December were up 82 per cent compared to December 1997, while exports were up 63.6 per cent. However, in many parts of the US, Nafta is blamed for job loss caused by outsourcing to Mexico, where labour is much cheaper. It is, therefore, no wonder that the issues of trade and transport are firmly at the forefront of the political debate in the run-up to the US Presidential election, points out Transport Intelligence. OUR BUREAU More Stories on : Trends
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