The amount of freight carried by the for-hire transportation industry rose 1.2 percent in November from October, rebounding from a one-month decline to reach its highest all-time level, according to the U.S. Department of Transportation’s Bureau of Transportation Statistics’ (BTS) Freight Transportation Services Index (TSI) released today. The November 2013 index level (116.5) was 22.8 percent above the April 2009 low during the most recent recession. BTS, a part of the Research and Innovative Technology Administration, reported that the level of freight shipments in November measured by the Freight TSI (116.5) reached an all-time high, exceeding the previous high of 115.4 in September 2013 (Table 2A). BTS’ TSI records begin in 2000.
The October index was revised to 115.1 from 114.3 in last month’s release. Monthly numbers for May through September were also revised up from last month’s release.Beginning with the April release, BTS improved procedures and refined the TSI methodology. As a result there have been minor changes
The Freight TSI remained above its 2012 range for the 11th month in a row. Beginning with January, every month in 2013 has exceeded the high point of 2012, 112.2 reached in December. The November 2013 level was the highest all-time level for the index. After dipping to 94.9 in April 2009, the index rose 22.8 percent in the succeeding 55 months. See Freight TSI Press Release for summary tables and additional data. See Transportation Services Indexfor historical data and methodology.