The official freight index, which measures freight movement in tons and ton-miles, reveals December freight was up for all modes except air freight and rail carloads, bringing the index up for the third consecutive month and matching the all-time high.
According to the Bureau of Transportation Statistics of the U.S. Department of Transportation, the Freight Transportation Services Index for December increased by 1 percent to 124.7. This matches July’s record-high TSI, which replaced the former all-time high of 123.6 set in December 2014 before the index started to decline in August.
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According to the Bureau of Transportation Statistics of the U.S. Department of Transportation, the Freight Transportation Services Index for December increased by 1 percent to 124.7. This matches July’s record-high TSI, which replaced the former all-time high of 123.6 set in December 2014 before the index started to decline in August.
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