Freight shipments rise 0.3 percent in March
The amount of freight that the for-hire transportation industry carried rose 0.3 percent in March, according to data released Wednesday by the U.S. Department of Transportation’s 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.
This is the fifth consecutive month freight shipments have risen.
The 113.7 index in March follows February’s 133.3 index. March’s level of freight shipments is 19.9 percent higher than the April 2009 low and 1.3 percent lower than the all-time high of 115.2 in December 2011. The March 2013 Freight TSI is up 2.8 percent year-over-year.
Though growth across most freight modes rose in March, seasonally adjusted rail traffic declined.
For more information and charts about the March 2013 Freight TSI, visit rita.dot.gov/bts.
From our partners
The new Sandvik Ranger surface drill rig offers renowned drilling efficiency with up to 20% lower fuel consumption
Known to many by their former name, Ranger, Sandvik’s DX series surface…
MORE FROM Aggbeat Online
SUBSCRIBE & FOLLOW
- Unexpected sand and gravel causes rollover accident347 Views
- Don't drink and drive...that includes your wheel loader!214 Views
- Eliminate the fat and increase profits through lean processing185 Views
- Buffalo Crushed Stone cited for pollution184 Views
- Highway Trust Fund: A look at who’s in and who’s out in next Congress156 Views