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The Transportation Services Index (TSI) broke its two-month losing streak in March. The index reached 111.0, up 1.6 percent compared with February, according to the U.S. Department of Transportation’s Bureau of Transportation Statistics.
The TSI — which also rose 0.1 percent compared with March 2006 — posted its largest month-over-month increase since February 2004. During the first quarter, the index rose 0.8 percent compared with first-quarter 2006.
The March Freight TSI of 109.1 increased 1.3 percent from February’s level, registering its largest monthly increase since May 2006. However, the index declined 1.4 percent compared with March 2006. During the first quarter, the Freight TSI rose 0.6 percent.
The March Passenger TSI of 113.8 increased 2.5 percent from February’s level, posting its largest monthly increase since March 2005. The index also rose 2.5 percent compared with March 2006. During the first quarter, the Passenger TSI increased 1.3 percent.
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.
5/10/2007
Rail News: Rail Industry Trends
Transportation Services Index posts gains in March, first quarter
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The Transportation Services Index (TSI) broke its two-month losing streak in March. The index reached 111.0, up 1.6 percent compared with February, according to the U.S. Department of Transportation’s Bureau of Transportation Statistics.
The TSI — which also rose 0.1 percent compared with March 2006 — posted its largest month-over-month increase since February 2004. During the first quarter, the index rose 0.8 percent compared with first-quarter 2006.
The March Freight TSI of 109.1 increased 1.3 percent from February’s level, registering its largest monthly increase since May 2006. However, the index declined 1.4 percent compared with March 2006. During the first quarter, the Freight TSI rose 0.6 percent.
The March Passenger TSI of 113.8 increased 2.5 percent from February’s level, posting its largest monthly increase since March 2005. The index also rose 2.5 percent compared with March 2006. During the first quarter, the Passenger TSI increased 1.3 percent.
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.
