Subscribe to our free, weekly email newsletter!


BTS reports a slight increase in Freight TSI in November

By Staff
January 11, 2012

The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported today that its Freight Transportation Services Index (TSI) increased 0.1 percent from October to November.

This follows a 0.2 percent decline from September to October, a 0.9 percent gain from August to September, a 0.4 percent gain from July to August, flat growth from June to July, a 2.6 percent gain from May to June, and a 1.8 percent decline from April to May.

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 said that the October Freight TSI at 109.5 down from September’s 109.6, which is the recent peak for shipment activity, but represents the highest level of any month since July 2008, which hit 109.9. September’s Freight TSI of 109.6 was its highest level in three years. And after falling to a recent low level of 94.3 in April 2009, freight shipment levels have been up in 21 of the last 31 months, said BTS.

On an annual basis, the November Freight TSI reading is up 4.9 percent compared to November 2010 and 9.4 percent from November 2009, which are all below the all-time November high of 112.5 from 2005. For the first 11 months of 2011 freight shipments as measured by the Freight TSI are up 2.4 percent.

BTS added that freight shipments in November are up 2.1 percent since November 2006 and up 12.0 percent since November 2001.

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 long-simmering court battle over whether FedEx Ground’s workers are independent contractors or employees appears headed to the appellate courts—and maybe the U.S. Supreme Court.

Carload volume headed up 4.3 percent to 298,376, and intermodal units, at 273,376 containers and trailers were up 4.8 percent annually.

In light on various service-related freight railroad service issues, the Department of Transportation’s Surface Transportation Board (STB) recently announced it is now requiring Class I railroads to publicly file weekly data reports on service performance. These weekly reports are slated to begin on October 22.

According to its data, spot market volume for the month of September was up 32 percent on an annual basis and set a new record for the 14th straight month, with gains for each of the three equipment categories it tracks, including load availability for: dry vans up 42 percent; refrigerated (reefer) up 24 percent; and flatbed volume up 46 percent.

FedEx Freight and Con-way Freight, two of the largest non-union LTL carriers in the nation, are battling organizing efforts by the Teamsters union in a closely watched unionization effort.

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