NAFTA sees boost from last February

The North American Free Trade Agreement (NAFTA) saw a boost in trade this past February in comparison to last year.

The number of companies using surface transportation between the U.S., Canada and Mexico saw an 11.8 percent increase compared to last year, according to The Trucker. The report, which was released by the Bureau of Transportation Statistics of the U.S. Department of Transportation, suggested that the NAFTA trade reached $66.5 billion.

Still, the news provider points out that the sector has not quite recovered from pre-recession levels, as the latest numbers are still a 4.1 percent drop from February 2008, which was before the market crashed. In comparison, this year's statistic was a 38.8 percent increase from February 2009, which was during the brunt of the recession.

The organization's website reports that NAFTA is considered to be the world's largest free trade area, which now provides $17 trillion worth of goods to more than 450 million people.

As the trucking industry continues to improve, individuals may want to consider enrolling in online truck driver safety training in order to prepare themselves for the job.

NAFTA sees boost from last February

Wednesday, May 4th, 2011