The Freight Transportation Service Index for December decreased by 0.1 percent from November to 123.8. December marks the first decrease after five months of increases, falling just short of the all-time high of 123.9 in November, according to the U.S. Department of Transportation’s Bureau of Transportation Statistics.
Trucking, rail carloads and waterborne were the only modes to experience some growth in December. Although employment was up in December, inventory numbers were down, which directly affects freight. TSI has gone up 30.9 percent since April 2009, when the index was at a historic low of 94.6.
- See more at: http://www.landlinemag.com/Story.aspx?StoryID=28488#.VNzdYi7ANuI
Trucking, rail carloads and waterborne were the only modes to experience some growth in December. Although employment was up in December, inventory numbers were down, which directly affects freight. TSI has gone up 30.9 percent since April 2009, when the index was at a historic low of 94.6.
- See more at: http://www.landlinemag.com/Story.aspx?StoryID=28488#.VNzdYi7ANuI