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December 2017 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, reached an all-time monthly high in December, 0.7 percent higher than the previous highest level reached in November, according to the U.S. Department of Transportation’s Bureau of Transportation Statistics’ (BTS). The December 2017 index level (132.0) was 39.4 percent above the April 2009 low during the most recent recession.

2017 Airline Bumping Rate Lowest in Decades

The U.S. Department of Transportation (DOT) today released its February 2018 Air Travel Consumer Report on air carrier data compiled for the month of December 2017 and calendar year 2017.  In 2017, the carriers posted a bumping rate of 0.34 per 10,000 passengers, the lowest annual rate based on historical data dating back to 1995.  The previous low was 0.62 in 2016.  These carriers posted a bumping rate of 0.18 per 10,000 passengers for the fourth quarter of 2017, an improvement over the 0.55 rate for the fourth quarter of 2016.