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March 2020 Freight Transportation Services Index (TSI)

The Freight Transportation Services Index (TSI), which is based on the amount of freight carried by the for-hire transportation industry, rose 0.5% in March from February, rising after a one-month decline, according to the U.S. Department of Transportation’s Bureau of Transportation Statistics’ (BTS). From March 2019 to March 2020, the index fell 0.9% compared to a rise of 1.8% from March 2018 to March 2019 and a rise of 8.4% from March 2017 to March 2018 (Tables 1, 2, and 2A).