Wednesday, March 10, 2010
Freight Index rose 0.4 percent in January
The Freight Transportation Services Index (TSI) rose 0.4 percent in January from December 2009, rising after the index was unchanged in December, according to the U.S. Department of Transportation’s Bureau of Transportation Statistics (BTS).
Â
The BTS reported that the Freight TSI index has risen 3.3 percent over the last eight months, starting in June. It has increased in six of the last eight months. The index began 2010 with an increase in January, after having declined 4.1 percent during 2009 and 12.4 percent in two years
The January Freight TSI of 96.6 is a 3.3 percent increase from the recent low of 93.5 reached in May, when the index was at its lowest level since June 1997. The Freight TSI is down 14.4 percent from its historic peak of 112.9 reached in May 2006.
More Newswire stories
Port of Seattle in the black despite 8.2 percent revenue drop in `09
Eurotunnel owner plans high-speed freight service
Dutch Customs makes big cocaine haul in fake fruit cargo
Click to browse past stories on these topics:
Logistics
Ports & Infrastructure
Economic Outlook
Environmental Impact
Technology
Home/Subscribe/Our Conferences/Ports Handbooks/Advertising Info/Multimedia/Publishing Services/About Us
Contact/Classifieds/Industry Calendar/Past Issues/Upload Files
All contents of this site are copyright 2010 by Northwest Publishing Center and Cargo Business News and may not be reproduced in any way without express written consent of the author.