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For-hire freight nears record high

Posted By Administration, Tuesday, March 15, 2016

The amount of freight moved by U.S. for-hire transportation companies increased for the second straight month in January. The DOT's Freight Transportation Services Index (TSI) rose 0.5 percent in January to a reading of 122.2, while the December 2015 index was revised upward to 121.6 from 121 in last month's release. This latest figure is just 1.3 percent below the all-time high level of 123.8 in November 2014, with TSI records going back to 2000. This is also the first time the index increased for two months in a row since November 2014. The January Freight TSI hike was due to substantial growth in rail intermodal and pipeline and a smaller increase in trucking (Truckinginfo).

Tags:  DOT  Freight TSI  TSI 

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For-Hire Freight Shipments on the Rise

Posted By Administration, Tuesday, December 22, 2015

Following a decline in September, DOT's Freight Transportation Services Index (TSI) rebounded in October. The improvement in October pushed the index to 123.2, just 0.2 percent below the all-time high level of 123.5 in November 2014 and 30.1 percent above the April 2009 low during the most recent recession. Freight shipments measured by the index were up 0.5 percent in October compared to the end of 2014, while October 2015 freight shipments were up 0.7 percent from a year earlier (Trucking Info).  

Tags:  DOT  Freight TSI  TSI 

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