BTS reports Freight TSI is up in September from August

The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported on Wednesday that its Freight Transportation Services Index (TSI) increased 0.9 percent from in September from August.

By ·

The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported on Wednesday that its Freight Transportation Services Index (TSI) increased 0.9 percent from in September from August.

This follows 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 August Freight TSI at 109.7 is its highest level since July 2008, which hit 109.9 and was followed by six straight months of declines. And after falling to a recent low level of 94.3 in April 2009, freight shipment levels have been up in 20 of the last 28 months, said BTS.

On an annual basis, the September Freight TSI reading of 109.6 is up 4.4 percent compared to September 2010 and 11.9 percent from September 2009, which are all below the all-time September high of 111.2 from 2006. For the first nine months of 2011freight shipments as measured by the Freight TSI are up 2.5 percent.

Freight shipments in September are up 16.2 percent from the recent low in April 2009 at 94.3, which were at the lowest level since June 1997 at 92.3. September is down 3.3 percent from the historic freight shipment peak in January 2005 at 113.3.


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
The View from the New “Single Window”
The single window, officially known as the "International Trade Data System," operates via the Customs and Border Protection (CBP) agency's Automated Commercial Environment (ACE) platform, and serves as a single point of contact for all trade filings.
Download Today!
From the March 2017 Issue
WMS vendors are stepping up to the plate and developing functionalities and solutions that meet the complex needs of today’s companies. Our top analysts take a peek into these developments and discuss the DC of the future and the software that will support it.
5 Supply Chain Trends Happening Now
2017 Warehouse/DC Equipment Survey: Investment up as service pressures rise
View More From this Issue
Subscribe to Our Email Newsletter
Sign up today to receive our FREE, weekly email newsletter!
Latest Webcast
2017 Trucking Regulations & Infrastructure Update
In this session our panel brings shippers up to date on the state of transportation regulations. Discussion will revolve around regulatory reform, aspects of the federal highway bill and what the transportation landscape looks like in the early days of the Trump administration.
Register Today!
EDITORS' PICKS
LM Exclusive: Major Modes Join E-commerce Mix
While last mile carriers receive much of the attention, the traditional modal heavyweights are in...
ASEAN Logistics: Building Collectively
While most of the world withdraws inward, Southeast Asia is practicing effective cooperation between...

2017 Rate Outlook: Will the pieces fall into place?
Trade and transport analysts see a turnaround in last year’s negative market outlook, but as...
Logistics Management’s Top Logistics News Stories 2016
From mergers and acquisitions to regulation changes, Logistics Management has compiled the most...