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News / North America Transportation

July 2014 Freight Transportation Services Index (TSI)

“The Freight Transportation Services Index (TSI), which is based on the amount of freight carried by the for-hire transportation industry, rose 0.9 percent in July from June, rising after a one-month decline, according to the U.S. Department of Transportation’s Bureau of Transportation Statistics’ (BTS). The July 2014 index level (119.6) was 26.5 percent above the April 2009 low during the most recent recession.”

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Cass Freight Index – August 2014

Shipment Volumes

“August shipment volume increased 2.3 percent, reversing some of last month’s 3.9 percent slide. August shipments are 4.9 percent higher than a year ago and are up 13.9 percent in 2014.  The Institute for Supply Management’s August PMI rose 3.3 percent to 59, the highest level since March 2011’s 59.1, indicating that domestic manufacturing is continuing to gain strength. Driving this PMI increase were new orders, increasing by 5.2 percent, and order backlog which climbed 5.1 pcercent.”

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U.S.-NAFTA Freight Movement Has Biggest Gain In June

“U.S.-NAFTA freight totaled $103.0 billion in June 2014 as all five major transportation modes – air, vessel, pipeline, rail, and trucks – carried more freight by value in June 2014 than in June 2013, according to the TransBorder Freight Data released today by the U.S. Department of Transportation’s Bureau of Transportation Statistics (BTS).”

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The ATA Truck Tonnage Index Increased 1.3% In July

“American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index rose 1.3% in July, following a decrease of 0.8% the previous month. In July, the index equaled 130.2 (2000=100) versus 128.6 in June.  The index is off just 0.6% from the all-time high in November 2013 (131.0).”

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June 2014 Freight Transportation Services Index (TSI)

“The Freight Transportation Services Index (TSI), which is based on the amount of freight carried by the for-hire transportation industry, declined 0.9 percent in June from May, falling after four consecutive monthly increases, according to the U.S. Department of Transportation’s Bureau of Transportation Statistics’ (BTS). The June 2014 index level (119.1) was 25.9 percent above the April 2009 low during the most recent recession.”

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Creating Value

U.S. Shipment Volumes and Shipment Expenditures Declined in July

On Tuesday, the Cass Freight Index Report was released, providing a snapshot of the freight logistics sector for the month of July; below are some of the highlights:

“The freight logistics sector slowed in July, following a seasonal trend, with both freight shipments and freight payments down 3.9 percent from the previous month.  This drop was consistent with previous summers’ drops, so should not be seen as a start of a decline in freight for the second half of 2014.”

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Creating Value

ATA Truck Tonnage Index Decreased in June

The American Trucking Assoications’ advanced seasonally adjusted For-Hire Truck Tonnage was reported to have declined in the month of June by 0.8%; this followed a increase in May of 0.9%.

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Creating Value

Freight TSI Reached New Level in May

“The amount of freight carried by the for-hire transportation industry rose 0.6 percent in May from April, rising for the fourth consecutive month, according to the U.S. Department of Transportation’s Bureau of Transportation Statistics (BTS) Freight Transportation Services Index (TSI) released today.”

“The level of freight shipments in May measured by the Freight TSI (120.0) reached a new all-time high level of 120.0, exceeding the previous high of 119.4 in November 2013.”

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Creating Value

June’s Cass Freight Index Points to Highest Shipment Volumes Since ’07

Shipment Volumes

“June shipment volumes increased 2.4 percent to the highest level since November 2007, just before the recession. Volumes were 6.0 percent higher than a year ago and are up 15.8 percent since the beginning of 2014.”

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