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July 2019 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 0.9% in July from June, rising to a new all-time high after declining for two consecutive months, according to the U.S. Department of Transportation’s Bureau of Transportation Statistics’ (BTS). From July 2018 to July 2019, the index rose 2.9% compared to a rise of 6.0% from July 2017 to July 2018 (Tables 1, 2, and 2A).