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Rail News: Rail Industry Trends

Transportation Services Index tumbles in January


In January, the Transportation Services Index (TSI) decreased 0.6 percent to 109.5 compared with December’s index — the fifth monthly decline in the past eight months and 19th drop in the past 37 months, according to the U.S. Department of Transportation’s Bureau of Transportation Statistics.

January’s TSI also dropped 1.2 percent compared with January 2006’s level.

January’s Freight TSI totaled 107.9, a 0.4 percent decline compared with December’s index and 4.4 percent drop from the Freight TSI’s peak of 112.8 in January 2005.

Meanwhile, January’s Passenger TSI of 111.4 fell 0.9 percent compared with December’s level, but increased 1.1 percent compared with January 2006’s index.

The TSI is a measure of month-to-month changes in the output of services provided by for-hire transportation industries, including rail, air, truck, inland waterways, pipelines and local transit.

Contact Progressive Railroading editorial staff.

More News from 3/15/2007