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In October, the Transportation Services Index (TSI) fell 0.9 percent from September’s level to 98.0 — the lowest October index since 2001, according to the U.S. Department of Transportation’s Bureau of Transportation Statistics (BTS). The TSI also declined 8.7 percent compared with October 2008’s index.

October’s Freight TSI decreased 1.2 percent from September level’s level to 94.5, the lowest October index since 1996 and second-straight month-over-month decline. The Freight TSI also fell 10.5 percent from October 2008’s level — the largest October-to-October drop in the 20 years BTS has calculated the TSI.

October’s Passenger TSI declined 0.1 percent from September’s level to 110.3. On a year-over-year basis, the index decreased 3.1 percent.

For more BTS data on the indexes in October and through 2009’s first 10 months, follow this link.