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Dec 12, 2014

TRUCKING MARKET * USA: Freight Transportation Services Index

* DC - BTS releases October 2014 TSI

Washington,DC,USA -The Trucker News Services -10 Dec 2014: -- The Freight Transportation Services Index (TSI), which is based on the amount of freight carried by the for-hire transportation industry, rose 0.3 percent in October from September, rising for the fourth consecutive month, according to the U.S. Department of Transportation’s Bureau of Transportation Statistics (BTS)... The growth in October was led by trucking, rail and waterborne. During the month, several other indicators of related parts of the economy that often impact transportation increased. Employment and retail sales both increased, as did manufacturing output, though total industrial production declined slightly. Inventories increased to reach an historic high... The October 2014 level reached its all-time high... Freight shipments measured by the index were up 2.2 percent in October compared to the end of 2013...

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