Subscribe to our free, weekly email newsletter!


BTS reports gains in the Freight TSI in September

By Staff
November 15, 2013

The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported this week that its Freight Transportation Services Index (TSI) increased 0.8 percent from August to September. This is the third straight month the Freight TSI has gone up.

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 September Freight TSI at 115.8 is 22.1 percent higher than April 2009’s low point of 94.8 during the recession. And it added that the 115.8 mark is the highest all-time level for the Freight TSI, which has seen a cumulative gain of 7.0 percent over the last 11 months, since falling in October 2012.

BTS said the September Freight TSI 0.8 percent increase was paced by gains for all modes in measures with the exception rail carloads, adding that the growth in each month of the third quarter was on par with GDP growth of 2.8 percent over the same period.

On an annual basis, the Freight TSI is up 4.3 percent compared to September 2012, and on a year-to-date basis it is up 3.2 percent.  On a quarterly basis, the Freight TSI was up 1.6 percent, 0.1 percent, and 1.5 percent annually in the first, second, and third quarters, respectively.

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

The index ISM uses to measure non-manufacturing growth—known as the NMI—was 56.0 in June, which edged out May by 0.3 percent.

Regardless of the date or year, one thing is beyond consistent when it comes to key themes in freight transportation logistics: the state of United States highways and related transportation infrastructure is in an eternal state of chaos and disrepair.

The high-volume warehouse or distribution center that supports B2B, Omni-channel activities, direct-to-consumer shipments, and the Internet of Things all require a flexible and scalable supply chain in order to function at optimal capacity. The problem is that most of today's supply chains are made up of fragmented silos of information that compromise their ability to compete, be responsive to customer demands or seize new business opportunities.

As customers' demands constantly evolve, transportation and logistics (T&L) operations are being put under growing pressure to offer more efficient delivery services, while not compromising on customer service. Using findings from a research survey conducted among transport and logistics managers around the world, this report explores how a combination of mobile technology implementations for mobile workers, and process re-engineering efforts can elevate operations to the next level.

It's a fact - most best-of-breed WMS providers force you to pay every time you require a system change. Uncover five more dirty secrets many warehouse management systems providers don't want you to know. Download the white paper 5 Dirty Secrets of Warehouse Management Systems to discover these hidden truths and gain valuable information on considerations for evaluating WMS vendors.

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