Freight shipments rise 0.4% in August
The amount of freight that the for-hire transportation industry carried rose 0.4 percent in August, according to recent data 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 rise in these figures follows an increase in freight shipments in July.
USDOT attributes the increase in freight transportation to shipments within the housing, autos and energy sectors.
The 114.8 index in August follows July’s 114.3 index. August’s level of freight shipments is 21.0 percent higher than the April 2009 low and 0.3 percent lower than the all-time high of 115.2 in December 2011.
The August 2013 Freight TSI is up 3.4 percent year-over-year.
For more information and charts about the August 2013 Freight TSI, visit rita.dot.gov.
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
Manufacturer news: Hlavinka Equipment opens Texas Hlavinda JCB division; Terex Washing Systems appoints new global sales director; Skelly and Loy promotes Aungst to VP of AMS; Luff Industries adds Riddell as territory manager; Caterpillar opens first Data Innovation Lab; Yokohama Tire Corp. will help build eco-friendly playground
SUBSCRIBE & FOLLOW
- Vulcan Materials to meet August deadline for restoring eastern hillside of Azusa rock quarry476 Views
- MSHA issues serious non-fatal accident alert, best practices in response to water truck accident452 Views
- MSHA Fatality Review Committee determines several fatalities are chargeable to the mining industry319 Views
- Excavator explodes into flames after engine malfunction on New York jobsite (VIDEO)280 Views
- Eric Olsen appointed future CEO of Lafarge Holcim merger254 Views