Freight TSI is flat from June to July, says BTS

The BTS said that the July Freight TSI at 108.3 is up 14.8 percent from the recent low of 94.3 in April 2009, which was its lowest level since July 1997. July’s Freight TSI is down 4.4 percent from its historic peak of 113.3 in January 2005.

By ·

The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported today that its Freight Transportation Services Index (TSI) was flat from June to July.

This follows 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 July Freight TSI at 108.3 is up 14.8 percent from the recent low of 94.3 in April 2009, which was its lowest level since July 1997. July’s Freight TSI is down 4.4 percent from its historic peak of 113.3 in January 2005.

The July Freight TSI is up 3.8 year-over-year but remains below the early recession level of July 2008 and the most recent July high of 110.9 from 2005, according to the BTS. And July marked the second highest level of freight shipments since August 2008.

The BTS said that freight shipments have been up in 18 of the last 27 months and 8 of the last 15, with shipments increasing 14.5 percent over the last 27 months since May 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!

Latest Whitepaper
Finding Agility in your Workforce: Are you prepared to meet the next market shift?
Logistics companies need every advantage available to them to be a vendor of choice and remain competitive
Download Today!
From the April 2017 Issue
Our “33rd Annual Salary Survey” reflects more diversity entering the logistics management market, and in marked contrast to 2016, paints a rosier outlook for career placement and advancement.
Is Your Tractor Trailer Yard a Black Hole?
Information Management: Wearables come in for a refit
View More From this Issue
Subscribe to Our Email Newsletter
Sign up today to receive our FREE, weekly email newsletter!
Latest Webcast
Maximize Your LTL Driver Adherence with Real-time Feedback
This webinar shows how companies are using real-time performance data to optimize the scheduling of their city fleets, as well as the routing of their standard, accelerated and time-critical shipments.
Register Today!
EDITORS' PICKS
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...

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...