Freight Shipments Up 0.1% from October to November
From October to November, the amount of freight carried by the for-hire transportation industry rose 0.1% following a one month decrease, according to the Bureau of Transportation Statistics' (BTS) Freight Transportation Services Index (TSI)
From October to November, the amount of freight carried by the for-hire transportation industry rose 0.1% following a one month decrease, according to the Bureau of Transportation Statistics' (BTS) Freight Transportation Services Index (TSI).
The Freight TSI is a seasonally adjusted index that measures changes from the monthly average of the base year of 2000. The index measures the output of the for-hire freight transportation industry including trucking, rail, inland waterways, pipelines and airfreight.
According to the BTS, shipments in November 2011 were at the second highest level since July 2008. The highest level since then was in September 2011. July 208 was followed by six straight months of decline. After falling to a recent low in April 2009, freight shipments increased in 21 of the past 31 months, rising 16.1%.
For the first 11 months of 2011, freight shipments were up 2.4%. In the long-term, freight shipments are up 2.1% from November 2006 and 12% from November 2001.
The December index will be released on Feb. 8.
More Fleet Management
Does Your Trucking Fleet Need a New TMS? [Video]
Cloud technology, AI and new integrations are changing what transportation management systems can do. But does taking advantage of those advances mean replacing your existing TMS?
Read More →
Road Ready Becomes Saegic, Launches New Trailer Telematics Gateway
Clarience Technologies is rolling out new hardware and expanding its plans for connecting trailer telematics, maintenance data, and video.
Read More →
Give Your Trucking Fleet a Cybersecurity Walkaround
Your fleet's cybersecurity policies may look good on paper. These seven checks can help you find out whether they’re working.
Read More →
Kodiak Lines Up Fleets for Driverless Trucking
An agreement for 75 trucks, a new Texas freight lane, and progress on safety validation move Kodiak closer to its planned driverless highway launch.
Read More →
ITS Logistics Settles Religious Harassment Case
The Nevada-based logistics firm agreed to pay more than $396,000 to settle a religious harassment charge involving an employee's Jewish identity.
Read More →
Your Trucks Are Busy. That Doesn’t Mean They’re Winning.
High utilization doesn’t always mean strong margins. Looking beyond the current load can help fleets make better dispatch decisions and get more value from each truck’s time.
Read More →
Why This Trucking Recovery Is Different
Freight demand remains sluggish, but rising costs and tougher enforcement have taken enough capacity out of the market to change the outlook for motor carriers.
Read More →
Platform Science Adds Dispatch and Safety Tools
Four additions to PS Fleet help fleets monitor loads, manage driver coaching, share truck locations and adjust video system settings.
Read More →
PrePass Intelligence Mines Fleet Bypass, Toll and Safety Data
PrePass Intelligence helps fleets measure bypass savings, flag potential toll overcharges, and spot suspicious transactions by combining data from separate systems.
Read More →
Motive Adds AI Agents for Fleet Operations
New tools automate follow-up on fleet data, from maintenance work orders to driver alerts, with two-way voice conversations planned for later this year.
Read More →