Steel Prices |  Historical Steel Prices  |  Latest Steel News  |  Steel Companies
Member Login Turkish Italian China
Forgot Password  |   Credit Card Payment

US freight index registers second monthly drop in May


Tags: USA , North America , freight | similar articles »

The US Department of Transportation's Bureau of Transportation Statistics' (BTS) Freight Transportation Services Index (TSI) fell for a second consecutive month in May according a report Wednesday. The Freight TSI dropped 1.8 percent in May from April. Freight shipments measured by the index are also down 1.2 percent over the first five months of 2011. The Freight TSI measures the month-to-month changes in freight shipments in ton-miles, which are then combined into one index.

Year-on-year, freight shipments are up 1.4 percent in May and have increased in 17 of the last 25 months. However, the Freight TSI has declined in three of the past four months. Freight shipments are up 12 percent over the last 25 months.


Back All Articles


Most Recent Related Articles
Frequently Asked Questions
Member Conduct Rules
Privacy & Security
About us
Site Map
Contact us
News Partners
Advertising
Reports & Publications
Consultancy
Prime
 Facebook Wall 

 SteelOrbis Tweets 

 SteelOrbis RSS Feeds

 SteelOrbis Mobile
SSL     Copyright © SteelOrbis Electronic Marketplace Inc.
    All Rights Reserved