BTS reports Freight TSI is down 1.9 percent in October

The BTS said that the October Freight TSI at 107.1 is 13.6 percent higher than April 2009’s low point of 94.3 during the recession.

By ·

The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported this week that its Freight Transportation Services Index (TSI) dropped 1.9 percent from September to October, following a 0.2 percent gain from August to September.

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 107.1 is 13.6 percent higher than April 2009’s low point of 94.3 during the recession and is down 6.0 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 27 of the last 42 months, increasing by a cumulative 13.6 percent during that time.

The October Freight TSI dropped to its lowest level since May 2011, when it was at 105.2. The high water mark for the index in 2012 is February’s 110.6.

On an annual basis, October shipments are down 1.6 percent compared to October 2011 and 10.1 percent higher than October 2009.


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!

Article Topics

BTS · Freight TSI · All Topics
Latest Whitepaper
Outsourced Transportation Management
All the benefits of owning a fleet without the headache of managing it.
Download Today!
From the August 2017 Logistics Management Magazine Issue
Which carriers, third-party logistics providers, and North American ports have crossed the service excellence finish line ahead of their competitors? Our readers have cast their votes, and now it’s time to introduce this year’s winners of the coveted Quest for Quality Awards.
BMW Takes the Inland Road to Efficiency
Global Logistics: No Shortcuts to Security
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
34th Annual Quest for Quality Awards: Winners Revealed
Which carriers, third-party logistics providers, and North American ports have crossed the service...
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...

2017 Salary Survey: Fresh Voices Express Optimism
Our “33rd Annual Salary Survey” reflects more diversity entering the logistics management...
LM Exclusive: Major Modes Join E-commerce Mix
While last mile carriers receive much of the attention, the traditional modal heavyweights are in...