Subscribe to our free, weekly email newsletter!


BTS reports Freight TSI falls 1.0 percent from March to April

By Staff
June 08, 2011

The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported today that its Freight Transportation Services Index (TSI) decreased 1.0 percent from March to April, following a 1.9 percent increase from February to March.

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 April Freight TSI at 107.5 is up 14.0 percent from the recent low of 94.3 in April 2009, which was its lowest level since July 1997. April’s Freight TSI is down 5.1 percent from its historic peak of 113.3 in January 2005.

The April Freight TSI is up 3.7 year-over-year but remains below the early recession level of April 2008 and the most recent April high of 112.2 from 2005, according to the BTS.

For all of 2010, the Freight TSI was up a revised 6.2 percent from the previous metric of 6.4 percent. And for the fourth quarter, freight shipments were up a revised 1.9 percent from a previous metric of 2.1 percent.

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

83% of surveyed manufacturers either already have IoT implementations in place or plans to deploy within a year.

While the Port of Oakland agrees that Saturday gate operations might ease congestion, they have a few "concerns" of their own

The four international marine container terminals at the Port of Oakland have announced they are developing a program to operate their terminal gates on Saturdays to reduce weekday congestion at the port.

Private fleet managers are facing a remarkable set of challenges in today's demanding business environment. The "from any place at any time" omni-channel fulfillment mindset is just one significant development that companies have had to adapt to in their quest to keep customers and business partners happy.

This is the first guaranteed weekly service direct to the U.S. from Singapore as part of the company’s initiative to enhance its LCL offerings serving Trans-pacific needs.

Comments

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


© Copyright 2015 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA