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
MORE FROM Aggbeat Online
SUBSCRIBE & FOLLOW
- MSHA rolls out new Part 50 training program610 Views
- Mummified human remains found at the site of a planned quarry in Indiana425 Views
- Caterpillar splits with Navistar, will design and build its own vocational trucks in Texas399 Views
- MSHA highlights second quarter metal/non-metal accidents295 Views
- Lafarge NA sells $450 million in assets to Summit Materials239 Views