The Bureau of Transportation Statistics (BTI) reported Wednesday that the Freight Transportation Services Index (TSI) rose 0.2 percent in October from its September level, rising for the second consecutive month.
The freight TSI has also risen 5.7 percent over the last 17 months, starting in June 2009, after declining 15.3 percent in the previous 10 months beginning in August 2008. The index has increased in 13 of the last 17 months, however through the first 10 months of 2010, the index declined 0.7 percent.
Although the index rose 3.2 percent from October 2009 to October 2010, it remains below the level of every other October since 2001.