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 top hammer drill rigs all feature a revolving…
MORE FROM Aggbeat Online
SUBSCRIBE & FOLLOW
- Quarry explosion damages homes and cars and injures one person930 Views
- Lafarge CEO awarded $2.78 million bonus for 'key role' in merger394 Views
- Caterpillar intros 336F L XE hybrid excavator: smart pumps, boom work faster, burn less fuel (PHOTOS)342 Views
- Caterpillar unveils the CT680, a rugged work truck wrapped in style (PHOTOS)198 Views
- Lafarge announces rural road solution as a low-cost alternative to asphalt192 Views