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July 2020 Freight Transportation Services Index (TSI) rose 2.5% from April 2020 low
The Freight Transportation Services Index (TSI), which is based on the amount of freight carried by the for-hire transportation industry, rose 0.3% in July from June, rising for the third consecutive month, according to the U.S. Department of Transportation’s Bureau of Transportation Statistics’ (BTS). From July 2019 to July 2020, the index fell 7.8% compared to a rise of 2.9% from July 2018 to July 2019 and a rise of 5.8% from July 2017 to July 2018 (Tables 1, 2, and 2A).
Mid-July Airline Employment Up 7,000 from Mid-June
U.S. airlines employed 706,824 workers in the middle of July 2020, 7,101 more than in mid-June 2020 and 46,461 fewer than in March 2020. The July 2020 numbers consist of 597,982 full-time and 108,842 part-time workers.
U.S. Airline July 2020 Passengers Decrease 73% from July 2019 but Rise 30% from June 2020 (Preliminary)
U.S. airlines carried 73% fewer scheduled service passengers in July 2020 than in July 2019, according to preliminary data filed with the Bureau of Transportation Statistics (BTS) by 18 airlines that carry more than 90% of the passengers. Despite the large annual drop from pre-pandemic numbers a year earlier (see graphic), when compared to the previous month U.S. airlines carried 30% more passengers in July 2020 than in June 2020.
U.S. Airlines July 2020 Fuel Use Up 37% from June
The Department of Transportation’s Bureau of Transportation Statistics (BTS) today released U.S. airlines’ July Fuel Cost and Consumption numbers.
Fuel consumed by U.S. airlines scheduled service: July 2019 1.7 billion gallons, June 2020 558 million gallons, July 2020 763 million gallons