The U.S. Department of Transportation's Freight Transportation Services Index fell 0.3 percent in November from its October level, declining after two monthly increases.
The DOT's Bureau of Transportation Statistics reports the Freight TSI rose 5.4 percent over the last 18 months, starting in June 2009, after falling 15.3 percent in the previous 10 months beginning in August 2008. The index has increased in 14 of the last 18 months.
Through the first 11 months of 2010, the index dropped 1.0 percent. With next month's release, BTS will conduct a comprehensive revision. The revision will result in changes to the 2010 numbers, especially for those months that have not undergone the monthly revision and are currently classified as preliminary.
The Freight TSI measures the month-to-month changes in freight shipments in ton-miles, which are then combined into one index. The index measures the output of the for-hire freight transportation industry and consists of data from for-hire trucking, rail, inland waterways, pipelines and air freight.
The TSI is a seasonally adjusted index that measures changes from the monthly average of the base year of 2000. It includes historic data from 1990 to the present.
DOT Freight Index Falls 0.3% in November from October
The U.S. Department of Transportation's Freight Transportation Services Index fell 0.3 percent in November from its October level, declining after two monthly increases
More Fleet Management
The Trucking Industry’s Threat Intelligence Gap
The trucking industry has no shortage of cybersecurity reports and cargo crime statistics. What it lacks is timely, operational intelligence that fleets can actually use.
Read More →
Truck Crash Rates Are Down. So Why Do Insurance Costs Keep Rising?
ATRI’s latest research points to litigation, social inflation, and soaring claims costs as key drivers behind record-high liability premiums for trucking fleets. But there are things motor carriers can do.
Read More →
ATA Truck Tonnage Holds Steady in April at Highest Levels Since 2022
ATA’s For-Hire Truck Tonnage Index was unchanged in April after a strong March gain, with freight volumes remaining at their highest levels since late 2022.
Read More →
Fleetworthy Launches Connected Platform for Fleet Readiness Across Safety and Compliance, Toll Management, and Weigh Station Bypass
Fleetworthy has unveiled three major product launches it says mark a new era in fleet readiness.
Read More →
Behind the SCOTUS Broker Ruling Part 1
Transportation attorney Greg Feary breaks down the recent Supreme Court decision that brokers can be held liable for damages in truck accidents and what it means for the trucking industry going forward.
Read More →
ACT Research: Trailer Orders Continue Upward Surprise in April
Preliminary net trailer orders rose 3% from March and jumped 126% year over year, signaling stronger-than-expected demand despite typical seasonal softness.
Read More →
DAT: Fuel Surcharges Drive April Truckload Rate Gains as Freight Volumes Slip
Truckload spot and contract rates climbed in April. But DAT says higher fuel costs -- not stronger freight demand -- were behind most of the increase.
Read More →
Deadline Extended for HDT Truck Fleet Innovators Nominations
Heavy Duty Trucking has extended the deadline for nominations for its Truck Fleet Innovators awards. The deadline has been extended to May 22.
Read More →
Supreme Court Ruling Puts Freight Broker Vetting Practices in Spotlight
The unanimous SCOTUS ruling in the closely watched Montgomery v. Caribe case allows state negligence claims against freight brokers that hire unsafe motor carriers, raising new liability and vetting concerns among brokers.
Read More →
FMCSA’s Motus System Is Coming. What Fleets Need to Know Now
FMCSA's long-awaited registration system promises a single portal — and tighter fraud controls. And there are steps you need to take by May 14.
Read More →