Subscribe to our free, weekly email newsletter!


BTS reports Freight TSI is down 1.9 percent in October

By Staff
December 12, 2012

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!

Recent Entries

FedEx Ground, a subsidiary of FedEx Corporation, reports today that a decision by a three-judge panel of the United States Court of Appeals for the Ninth Circuit reversed previous rulings by the District Court for the Northern District of Indiana in three class action cases involving mostly former independent contractors for FedEx Ground

More talking remains before the deal is done

The transpacific U.S.-flag carrier has been ranked number one in the ocean carrier category for Logistics Management magazine's Quest for Quality award

This year, the Containerization & Intermodal Institute (CII) will be staging the “Connie” Awards dinner in conjunction with IANA’s Intermodal EXPO in Long Beach

Middlemen comprising the Transportation Intermediaries Association made money last quarter, say researchers.

Article Topics

News · BTS · Freight TSI · All topics

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