The Freight Transportation Service Index decreased by 0.3 percent in June to 121.9 from 122.2 in May. May experienced an increase in what appears to occur every other month starting in January, according to the U.S. Department of Transportation’s Bureau of Transportation Statistics.
Truck, water and rail intermodal freight decreased in June compared with the previous month. In May, increases in truck and waterborne freights resulted in a net gain for the index, despite losses in other freight modes.
June was the third month of the year to have a month-to-month decrease in the index. The index has fluctuated from a net loss and a net gain each month. TSI has gone up 28.8 percent since April 2009, when the index was at a historic low of 94.6.
Trucking freight decreased in June after its first monthly increase in May, which was preceded by three consecutive months of decreases.
Freight shipments are down 0.4 percent from June 2014, up 14.6 percent from five years ago, and up 9.2 percent from 10 years ago.
The Freight TSI measures the month-to-month changes in freight shipments by mode of transportation in tons and ton-miles, which are 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.
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