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In February, the Transportation Services Index (TSI) totaled 110.2, a 0.9 percent decrease compared with January and the third-straight monthly decline, according to the U.S. Department of Transportation’s Bureau of Transportation Statistics. The last monthly drop greater than February’s occurred in February 2005, when the TSI fell 1.4 percent compared with January 2005.

During 2006’s first two months, the index decreased 1 percent compared with the same 2005 period — the first two-month drop since 2003.

February’s Freight TSI of 111.4 dropped 0.8 percent compared with January and 0.1 percent compared with February 2005. During 2006’s first two months, the index decreased 0.3 percent compared with the same 2005 period — also the first two-month decrease since 2003.

February’s Passenger TSI of 107.4 dropped 1.2 percent compared with January but increased 1.1 percent compared with February 2005. During the year’s first two months, the index fell 2.4 percent compared with the same 2005 period.

The TSI is a measure of month-to-month changes in the output of services provided by for-hire transportation industries, including rail, air, truck, inland waterways, pipelines and local transit.