The US Department of Transportation's Bureau of Transportation Statistics (BTS) announced Thursday that the Freight Transportation Services Index (TSI) rose 0.4 percent in August from July, reaching the highest level since July 2008. Freight shipments have increased 19 of the last 28 months.
Freight shipments were also up 4.6 percent from August 2010 and 10.3 percent from August 2009. For the first eight months of 2011, however, the index increased by a more measured pace of 1.6 percent over 2010 levels.