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TRANSPORT STATISTICS * USA - Freight Index Gains Third Straight Month
First year-to-year increase since July 2008 marks recovery
Washington,DC,USA -The Journal of Commerce Online, by Joseph Bonney -May 12, 2010: -- The Transportation Department’s Freight Transportation Index, which measures month-to-month changes in ton-miles shipped, rose 0.9 percent in March from February for the third consecutive monthly gain... The March Freight TSI rose 2.6 percent from March 2009, the first year-to-year increase in the freight index since July 2008... The index is a seasonally adjusted index that measures changes in shipments by for-hire trucking, rail, inland waterways, pipelines and air freight. It measures changes from the base year of 2000... The index has risen 4.5 percent since June after declining 15.3 percent in the previous 10 months beginning in August 2008. The index has risen in eight of the last 10 months... (Photo from i49.tinypic.com: barge transport USA)Labels: transport statistics
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