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).