For the third consecutive month, the Freight Transportation Services Index posted a gain over the previous month. According to the U.S. Department of Transportation’s Bureau of Transportation Statistics, the Freight TSI rose 0.3 percent in April over its March level. Though its year-to-year growth is nearly 5 percent, April numbers remain well below all previous year-over-year marks since April 2000. The index takes into account the output of the for-hire transportation industry including trucking, rail, inland waterways, pipelines and air.

Freight Index Indicates Month-to-Month and Year-Over-Year Gains

The Freight Transportation Services Index rose 0.3 percent in April from its March level, rising for the third consecutive month, the U.S. Department of Transportation’s Bureau of Transportation Statistics reported.

BTS, a part of the Research and Innovative Technology Administration, reported that the Freight TSI has risen 4.9 percent over the last 11 months, starting in June 2009, after declining 15.3 percent in the previous 10 months beginning in August 2008. The index has increased in nine of the last 11 months. The index started 2010 with a decrease of 1.4 percent in the first four months.

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