Subscribe to our free, weekly email newsletter!


Freight TSI is up slightly from July to August, says BTS

By Staff
October 13, 2011

The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported today that its Freight Transportation Services Index (TSI) was up 0.4 percent from July to August.

This follows 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 108.7 represents its highest level since July 2008, when it reached 109.9 and was followed by six straight months of decline. And it added that freight shipments have seen gains in 19 of the last 28 months since its recent low water mark of 94.3 in April 2009.

August’s108.7 reading is up 15.7 from the recent low of 94.3 in April 2009, which was preceded by a previous low of June 1997’s 92.3. August is 4.1 percent below the historic freight shipment peak of 113.3 in January 2005.

On an annual basis, August is up 4.6 percent up 10.3 percent compared to August 2009. Both months are below the highest August level ever, which hit 111.4 in August 2005.

On a year-to-date basis, freight shipments measured by the Freight TSI are up 1.6 percent through August.

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

Seasonally-adjusted (SA) for-hire truck tonnage in November was up 3.5 percent compared to October, which was up 0.5 percent over September at 136.8 (2000=100), marking the highest SA on record.

UPS said that through this acquisition it will augment its healthcare expertise and network in Europe, specifically in the fast growing healthcare markets in Central and Eastern Europe.

Carloads were up 12.1 percent at 312,271, and intermodal at 280,337 containers and trailers saw a 4.5 percent annual gain.

Total November POLB volumes were up 2.1 percent year-over-year at 581,514 TEU, and POLA volumes in November decreased 3 percent compared to November 2013 at 663,346 TEU.

When railroads are doing business with a larger than large customer like UPS, it stands to reason, it can often be the best, and worst, of both worlds, depending on how things are going. That was one of the main takeaways from a presentation by UPS Vice President of Corporate Transportation Services Ken Buenker at this year’s RailTrends conference in New York.

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