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October 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 1.3% in October from September, rising after a one-month decline, according to the U.S. Department of Transportation’s Bureau of Transportation Statistics’ (BTS). From October 2018 to October 2019, the index rose 0.5% compared to a rise of 6.8% from October 2017 to October 2018 (Tables 1, 2, and 2A).
Figure 2. Domestic U.S. Scheduled Service Passenger Airlines Quarterly After Tax Net Profit, 3Q 2019
Third Quarter 2019 U.S. Airline Financial Data
U.S. scheduled passenger airlines reported a third-quarter 2019 after-tax net profit of $4.6 billion, the 26th consecutive quarterly after-tax profit, and a pre-tax operating profit of $6.4 billion, the 34th consecutive quarterly pre-tax profit.
U.S. airline financial reports are filed quarterly with the Bureau of Transportation Statistics (BTS). See the tables that accompany this release on the BTS website for additional third-quarter 2019 (Tables 1-6) financial results.