American freight transportation index was flat in November

The Freight Transportation Services Index (TSI), which is based on the amount of freight carried by the for-hire transportation industry, rose 0.1% in November from October, rising for the second consecutive month, according to the U.S. Department of Transportation’s Bureau of Transportation Statistics’ (BTS).

The small November rise was narrowly based with increases only in pipeline and rail carloads, with trucking, water, air freight, and rail intermodal declining.

On a yearly basis. from November 2018 to November 2019, the index fell 0.8% compared to a rise of 5.8% from November 2017 to November 2018

The November index was at the same relatively high level as January 2019 despite dips during the early part of the year and a rise to a record level in August.

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