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				Back-to-back freight fall in U.S.
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						Jul 15, 2011 10:44 AM
					
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					Last Updated: Mar 27, 2012 08:31 AM
				
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				<p>WASHINGTON -- Freight carried by the for-hire transportation industry in the U.S. fell 1.8 percent in May from April -- the second consecutive monthly drop, according to the U.S. Department of Transportation's <a target="_blank" href="http://www.bts.gov"><span style="color: rgb(51, 51, 153); ">Bureau of Transportation Statistics'</span></a> Freight Transportation Services Index.</p>
<p>BTS, says freight shipments in May fell to their lowest level since November 2010.</p>
<p>The Freight TSI measures the month-to-month changes in freight shipments in ton-miles.</p>
<p>Freight shipments have increased in 17 of the last 25 months but declined in three of the past four months.</p>
<p>Shipments rose 12 percent over the last two years, starting in May 2009, after declining 15.7 percent in the previous 15 months beginning in February 2008. &nbsp;</p>
			
				
				
			
				
				
			
			
			
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