Freight index rose in November, BTS reports
The freight transportation services index (TSI) rose 1.2% in November from the previous month, reversing two months of declines.
The index was also 1.2% higher in November than the same month a year earlier, according to the U.S. Department of Transportation Bureau of Transportation Statistics (BTS).
The higher index reading was driven by gains in rail carloads, pipeline, and trucking volumes, while air freight, rail intermodal, and water volumes decreased. The October freight index was revised down to 136.8 from 136.7.
The freight TSI measures the amount of freight carried by the for-hire transportation industry.
BTS also announced it has started publishing a new truck-rail freight services index, focused exclusively on truck and rail shipments. This index rose 0.6% in November from October. However, it was down 0.3% from November 2024.
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