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Economics, employment, and finance

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Airline Bumping Continues to Decline and Mishandled Baggage Rate Lowest in Decades

WASHINGTON – The U.S. Department of Transportation (DOT) today released its November 2017 Air Travel Consumer Report on air carrier data compiled for the month of September 2017, third quarter of 2017, and first nine months of 2017.  For the third quarter of 2017, the 12 U.S. carriers who report involuntary denied boarding, or bumping, data posted a bumping rate of 0.15 per 10,000 passengers, the lowest quarterly rate based on historical data dating back to 1995 and down from both the rate of 0.69 for the third quarter of 2016 and the previous lowest quarterly rate of 0.44 posted in the second quarter of 2017.

September 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 September, 0.2 percent higher than the previous highest level reached one month earlier in August, according to the U.S. Department of Transportation’s Bureau of Transportation Statistics’ (BTS). The September 2017 index level (129.2) was 36.3 percent above the April 2009 low during the most recent recession.