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After three-straight month-over-month climbs, the Transportation Services Index (TSI) fell 0.6 percent in June to 112, according to the U.S. Department of Transportation’s Bureau of Transportation Statistics (BTS). However, June’s index rose 2.4 percent compared with June 2004 and 11.7 percent compared with the same month in base year 2000.
The June Freight TSI of 112.6 fell 0.5 percent compared with May — also the first monthly decline after three-consecutive increases, BTS said. June’s index did increase 1.1 compared with June 2004.
The June Passenger TSI of 110.3 dropped 0.8 percent compared with May, the first monthly decline since February. However, the index rose 5.6 percent compared with June 2004.
During a six-month period ending in June, the TSI, Freight TSI and Passenger TSI increased 1.8 percent, 1.2 percent and 3.3 percent, respectively, compared with the previous six-month 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.
9/7/2005
Rail News: Rail Industry Trends
Transportation Services Index falls for first time in three months
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After three-straight month-over-month climbs, the Transportation Services Index (TSI) fell 0.6 percent in June to 112, according to the U.S. Department of Transportation’s Bureau of Transportation Statistics (BTS). However, June’s index rose 2.4 percent compared with June 2004 and 11.7 percent compared with the same month in base year 2000.
The June Freight TSI of 112.6 fell 0.5 percent compared with May — also the first monthly decline after three-consecutive increases, BTS said. June’s index did increase 1.1 compared with June 2004.
The June Passenger TSI of 110.3 dropped 0.8 percent compared with May, the first monthly decline since February. However, the index rose 5.6 percent compared with June 2004.
During a six-month period ending in June, the TSI, Freight TSI and Passenger TSI increased 1.8 percent, 1.2 percent and 3.3 percent, respectively, compared with the previous six-month 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.
