BTS reports Freight TSI falls 0.6 percent from July to August

The BTS said that the August Freight TSI at 109.0 is 15.6 percent higher than April 2009’s low point of 94.3 during the recession and is down 4.4 percent from the December 2011 reading of 114.0.

By ·

The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported this week that its Freight Transportation Services Index (TSI) fell 0.1 percent from July to August following a 0.1 percent increase from June to July.

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 August Freight TSI at 109.0 is 15.6 percent higher than April 2009’s low point of 94.3 during the recession and is down 4.4 percent from the December 2011 reading of 114.0, which represents the all-time high since BTS first began collecting data in 1990.

And since April 2009, BTS said that freight shipments have risen in 25 of the last 40 months, increasing by a cumulative 15.6 percent during that time.

On an annual basis, August shipments are up 0.9 percent over August 2011 and 10.6 percent higher than August 2009, during what BTS labeled as “the trough of the recession.”

BTS officials said that the August Freight TSI continued a pattern of little change since January, which appears to reflect the rate of growth in the general economy.


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!

Latest Whitepaper
Supplier Relationship Micro Management
Optimizing Across Six Guiding Principles
Download Today!
From the July 2017 Logistics Management Issue
E-commerce continues to fuel a boom that’s tempered by overcapacity, rate pressures, sluggish demand and political doubt. The result: “cognitive dissonance” that finds a $1.4 trillion market scratching its head.
2017 Truckload Brokerage Roundtable: Technology continues to connect the dots
Cloud Transportation Management Systems (TMS): Weis Markets streamlines “both sides” of the DC door
View More From this Issue
Subscribe to Our Email Newsletter
Sign up today to receive our FREE, weekly email newsletter!
Latest Webcast
Getting the most out of your 3PL relationship
Join Evan Armstrong, president of Armstrong & Associates, as he explains how creating a balanced portfolio of "Top 50" global and domestic partners can maximize efficiency and mitigate risk.
Register Today!
EDITORS' PICKS
28th Annual State of Logistics: Into the great unknown
E-commerce continues to fuel a boom that’s tempered by overcapacity, rate pressures, sluggish...
2017 Top 50 3PLs: Investment and Consolidation Maintain Traction
The trend set over the past few years for mergers and acquisitions has hardly subsided, and a fresh...

The Evolution of the Digital Supply Chain
Everyone is talking about terms like digitization, Industry 4.0 and digital supply chain management,...
2017 Salary Survey: Fresh Voices Express Optimism
Our “33rd Annual Salary Survey” reflects more diversity entering the logistics management...