BTS reports Freight TSI falls 1.0 percent from March to April

By Staff
June 08, 2011 - LM Editorial

The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported today that its Freight Transportation Services Index (TSI) decreased 1.0 percent from March to April, following a 1.9 percent increase from February to March.

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 April Freight TSI at 107.5 is up 14.0 percent from the recent low of 94.3 in April 2009, which was its lowest level since July 1997. April’s Freight TSI is down 5.1 percent from its historic peak of 113.3 in January 2005.

The April Freight TSI is up 3.7 year-over-year but remains below the early recession level of April 2008 and the most recent April high of 112.2 from 2005, according to the BTS.

For all of 2010, the Freight TSI was up a revised 6.2 percent from the previous metric of 6.4 percent. And for the fourth quarter, freight shipments were up a revised 1.9 percent from a previous metric of 2.1 percent.



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

In an effort to help buyers of freight transportation and logistics services to better understand the required best practices in order to be a shipper of choice for their carrier partners, non asset-based third-party logistics (3PL) services provider Transplace said this week it has rolled out a Preferred Shipper Checklist.

For a new facility in Chicago, DHL Global Forwarding converted to electric lift trucks. The result? Better uptime and a cleaner environment.

January carloads dropped 16.6 percent, or 192,747 annually, to 968,042, and intermodal volume was up 3.4 percent, or 34,523 units, annually at 1,039,621 containers and trailers.

While the PMA-ILWU dispute was settled last spring, a new port-related labor issue popped up on the East Coast last week, when a labor dispute on Friday, January 29 occurred when union members of the International Longshoremen Association (ILA), the largest union of maritime workers in North America, walked off the docks at the Port of New York and New Jersey, the largest East Coast port and second largest U.S. port.

“Sea Strangulation" explains how the United States has become vulnerable to Chinese maritime coercion and details a challenge from China that the U.S. is ill-prepared to meet.

About the Author

Jeff Berman, News Editor
Jeff Berman is Group News Editor for Logistics Management, Modern Materials Handling, and Supply Chain Management Review. Jeff works and lives in Cape Elizabeth, Maine, where he covers all aspects of the supply chain, logistics, freight transportation, and materials handling sectors on a daily basis. Contact Jeff Berman.

Comments

Post a comment
Commenting is not available in this channel entry.


© Copyright 2016 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA