Heavy Duty Trucking Logo
MenuMENU
SearchSEARCH

For-Hire Freight Index Hits Second Highest Level on Record

The amount of freight carried by the for-hire transportation industry fell 1% in December from November, declining after a one-month rise, according to new U.S. Department of Transportation figures, but activity is still very healthy.

by Staff
February 12, 2014
For-Hire Freight Index Hits Second Highest Level on Record

Freight Transportation Services Index, December 2008- December 2013. Credit: U.S. DOT

2 min to read


Freight Transportation Services Index, December 2008- December 2013. Credit: U.S. DOT

The amount of freight carried by the for-hire transportation industry fell 1% in December from November, declining after a one-month rise, according to new U.S. Department of Transportation figures, but activity is still healthy.

Its Freight Transportation Services Index shows the December level of 116.5 was 23% above the April 2009 low during the most recent recession. Also the level of freight shipments in December measured by the index was the second highest all-time level and 1% below the all-time high level of 117.7 in November 2013.

Ad Loading...

The November index number, released last month as 116.5, was revised upward to 117.7, while the months from January through October 2013 were all revised downward in the range between 0.4 and 0.6. points.

Year-to-date freight shipments measured by the index increased 4.4% in December compared to the end of 2012, the fourth year in the last five in which the index was higher in December than in the previous year. The only decline was in 2012.

Freight shipments are up 16.2% in the five years from the recession level of December 2008 and are up 7.8% in the 10 years from December 2003.

Ad Loading...

The index measures the month-to-month changes in freight shipments by mode of transportation in tons and ton-miles, which are combined into one index. It also measures the output of the for-hire freight transportation industry and consists of data from trucking, rail, inland waterways, pipelines and air freight.

More Fleet Management

Geotab screen on AI concept background
Fleet ManagementJune 17, 2026

What Geotab's New AI Connector Means for Fleets

Fleets can now ask their usual AI assistants questions about maintenance, safety, fuel use, and vehicle performance, using their live Geotab data, and take action on the answers without leaving their preferred AI tool.

Read More →
Image of computer screen with BidBoardX interface

New C.H. Robinson Tool Opens Door to More Predictable Freight

BidBoardX lets carriers search, bid on, and secure committed freight opportunities through a single digital marketplace.

Read More →
Amazon electric cargo bike on New York City street
Fleet ManagementJune 15, 2026

New York City's Microhub Project is Delivering Results

Trucking, last-mile delivery companies, and environmental advocates like what they are seeing so far with New York's microhub program.

Read More →
Ad Loading...
Illustration of hourglass and trucks backed up to a dock
DriversJune 15, 2026

Why Truck Detention Keeps Costing Fleets Time and Money

A 2024 ATRI study found detention affects nearly 40% of truckload stops and costs the industry more than $15 billion annually. Despite the toll on drivers, fleets, and supply chains, the problem remains stubbornly persistent.

Read More →
Panel discussion
Fleet Managementby Deborah LockridgeJune 12, 2026

Time is Running Out to Apply for Exclusive HDT Event

Heavy Duty Trucking Exchange brings fleet managers and suppliers together for the deeper conversations that lead to ideas, partnerships, and solutions. Time is running out to apply for the September event.

Read More →
Empty trailer with worker loading a pallet of cargo
Fleet ManagementJune 10, 2026

Amazon Launches Less-Than-Truckload Freight Offering for All Businesses   

This launch is the latest addition to Amazon Supply Chain Services, a portfolio of supply chain capabilities from Amazon, including freight, distribution, fulfillment, and parcel shipping.

Read More →
Ad Loading...
Stacks of intermodal containers at port with truck driving between them

Import Cargo Volume to See Year-Over-Year Gain Again in June, Then Remain Below 2025 Levels Into Fall

After July, the report predicts a weakening in import volume as consumer uncertainty remains high and the impact of increasing inflation takes its toll.

Read More →
Equity Interest Auction
SponsoredJune 8, 2026

AUCTION OF EQUITY INTEREST IN HEAVY HAUL TRUCKING COMPANY!!

Mark your calendar: June 30, 2026 (10:00 a.m. PDT). A 37.5% ownership interest in MagnaTrans, LLC, a California limited liability company doing business as Magna Transportation Group, will be sold in an in-person and online auction to the highest bidder or bidders under Article 9 of the Uniform Commercial Code. The Rancho Cucamonga-based heavy haul and over-dimensional trucking company operates across California, Oregon, and Arizona.

Read More →
Volvo OTA updates.

Volvo Trucks Adds Unattended Over-the-Air Software Update Capabilities

The latest evolution of Volvo’s over-the-air update technology allows software updates to run while trucks are parked, helping fleets keep vehicles current without disrupting operations.

Read More →
Ad Loading...
Podcast thumbnail illustration
Fleet ManagementJune 4, 2026

How Waste Connections is Using Data, Telematics, and AI

How do you manage and maintain more than 18,000 connected trucks? Data. Lots of it.

Read More →