Dec 2024 US freight TSI down 0.1% MoM, 1% YoY: BTS
The US freight transportation services index (TSI) fell by 0.1 per cent month on month (MoM) and 1 per cent YoY in December 2024, falling for the second consecutive month, according to the Bureau of Transportation Statistics. The freight TSI decreased in December due to seasonally adjusted decreases in water and trucking, while air freight, rail carload, rail intermodal and pipeline grew.
The US freight transportation services index (TSI) fell by 0.1 per cent month on month (MoM) and 1 per cent YoY in December 2024, falling for the second consecutive month, according to the Bureau of Transportation Statistics.
The freight TSI decreased in December due to seasonally adjusted decreases in water and trucking, while air freight, rail carload, rail intermodal and pipeline grew.
