Freight shipments fall 1% in December
The amount of freight that the for-hire transportation industry carried fell 1.0 percent in December, according to data released Thursday from the U.S. Department of Transportation’s (USDOT) Bureau of Transportation Statistics (BTS).
The data, from this month’s BTS Freight Transportation Services Index (TSI), measures the month-to-month changes in freight shipments according to mode of transportation.
The decline in these figures comes after a 1.2-percent increase in freight shipments in November.
BTS attributes the decrease in freight transportation to “slight declines across all modes.”
The 116.5 index in December follows November’s revised index of 117.7.
December’s level of freight shipments is 23.0 percent higher than the April 2009 low of 94.7 and 1.0 percent the all-time high of 117.7 in November.
The December 2013 Freight TSI is up 4.4 percent year-over-year.
For more information and charts about the October 2013 Freight TSI, visit rita.dot.gov.