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Rail News: Rail Industry Trends

Transportation Services Index slipped slightly in October, BTS says


In October, the Transportation Services Index (TSI) clocked in at 111.2, down 0.3 percent from September’s level, but up 3.2 percent compared with the October 2010 index, according to the U.S. Department of Transportation’s Bureau of Transportation Statistics (BTS).

The October Freight TSI of 109.4 dipped 0.2 percent from September’s level. Although the index declined slightly from the recent peak achieved in September, it “remained higher than any other month since July 2008,” BTS officials said in a prepared statement.

On a year-over-year basis, the Freight TSI climbed 4 percent in October. Through 2011’s first 10 months, freight shipments measured by the index rose 2.3 percent.

The October Passenger TSI of 116.1 fell 0.3 percent from September’s level but increased 1.2 percent versus October 2010’s index. Over the past five years, the Passenger TSI — which measures the month-to-month changes in travel conducted by for-hire air, local transit and intercity rail entities — climbed 3.8 percent.

For more BTS data on the three indices in October and through 10 months, follow this link.

Contact Progressive Railroading editorial staff.

More News from 12/15/2011