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Freight down--but what does that mean?

Published Tuesday, May 20, 2008

New statistics for March released by the Freight Transportation Services Index (TSI) produced by the U.S. Department of Transportation’s (DOT) Bureau of Transportation Statistics (BTS) show further deterioration in the freight market, although economists are divided on the repercussions. “Since dropping to a recent low in September, the freight index has increased sharply in October and January, with each rise followed by a sharp drop two months later,” the report said. “At 109.4 in March, the freight TSI was up 1.3% in the six months since its recent low of 108.0 in September but down ...

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