The US Bureau of Transportation Statistics (BTS) announced Wednesday that after two consecutive monthly increases, the Freight Transportation Services Index (TSI) fell 0.3 percent in November from October.
Since June 2009, the Freight TSI has increased 5.4 percent, after falling 15.3 percent in the previous 10 months. Over the first 11 months of last year, the index has declined 1 percent.
The Freight TSI measures the output of the for-hire freight transportation industry and consists of data from for-hire trucking, rail, inland waterways, pipelines and air freight, as well as the month-to-month changes in freight shipments in ton-miles.