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				US freight shipments show strong monthly rebound
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					Posted: 
					
						Aug 11, 2011 12:32 PM
					
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					Last Updated: Mar 27, 2012 08:30 AM
				
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				<p>WASHINGTON &ndash; After back-to-back declines, the amount of freight carried by the for-hire carriers rose 2.6 percent in June from the month before, according to the <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 reported that freight shipments in June rose to their second highest level since August 2008, exceeded only by those in March.</p>
<p>The 2.6 percent May-to-June increase was the biggest month-to-month rise since November 2009.</p>
<p>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.</p>
<p>Freight shipments have increased in 18 of the last 26 months rising 1.3 percent in the past six months and a whopping 14.5 percent over the last 26 months.</p>
<p>But after declining 15.5 percent in the previous 15 months, shipments remain below the February 2008 level. </p>
			
				
				
			
				
				
			
			
			
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