Subscribe to our free, weekly email newsletter!


BTS Freight Transportation Services Index is up in July

By Staff
September 09, 2010

The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported today that its Freight Transportation Services Index (TSI) rose 0.4 percent in July, following a 0.2 increase in June.

According to BTS officials, the Freight TSI measures the month-to-month changes in freight shipments in ton-miles, which are then combined into one index. The index measures the output of the for-hire freight transportation industry and consists of data from for-hire trucking, rail, inland waterways, pipelines and air freight.

The BTS also noted that the Freight TSI at 98.2 was up 2.5 percent year-over-year. July’s Freight TSI is down 13.0 percent from its historic peak of 112.9 in May 2006.

While the Freight TSI is up 2.5 percent year-over-year, the BTS said it is below the level of every other July since 1997’s 94.8. BTS added that the Freight TSI has exceeded the previous year’s level every month since January but it is still below the level of recent earlier years.

The Freight TSI is down 11.1 percent since July 2005 and is down 0.6 percent since July 2000, according to the BTS.

Subscribe to Logistics Management magazine

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your
entire logistics operation.
Start your FREE subscription today!

Recent Entries

The tired cliché of “Perfect Storm,” is probably lost on East Coast shippers now weathering fierce winter winds and snow, but the expression still has currency on the Pacific Rim.

Owners of corporate fleets and fuel buyers face two dilemmas: a limited supply of cost-effective, low greenhouse-gas fuels, and little information on fuel sustainability impacts across the full production and use value chain.

U.S. Carloads were up 5 percent annually at 294,738, and intermodal at 253,317 containers and trailers was up 3 percent.

When it comes to Congress actually getting its act together on a new long-term federal transportation bill, things remain as status quo as it gets, with the big takeaway being nothing really ever gets done, when it comes to passing a badly overdue and needed bill, rather than these band-aid extensions Congress keeps signing off on.

Truckload and intermodal pricing was up on an annual basis, according to the December edition of the Truckload and Intermodal Cost Indexes from Cass Information Systems and Avondale Partners.

Comments

Post a comment
Commenting is not available in this channel entry.


© Copyright 2013 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA