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Second consecutive monthly gain, largest annual increase since 2002
Washington,DC,USA -The Journal of Commerce Online, by Thomas L. Gallagher -Mar 9, 2011: -- Freight transportation movements in the U.S. increased for the second consecutive month in January, according to the U.S. Department of Transportation’s Bureau of Transportation Statistics... DOT’s Freight Transportation Services Index rose 0.9 percent in January from a revised December level. The Freight TSI rose 6.4 percent in 2010 based on revised numbers, compared to the 0.4 percent annual increase reported in the February release. The 6.4 percent rise was the largest annual increase in the Freight TSI since 2002... The Freight TSI measures the month-to-month changes in freight shipments in ton-miles, which are then combined into one index. The index 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...
* USA - Index Shows Truckload Demand Rising. Capacity tightens in Southeast as produce shipping grows
New York,NY,USA -The Journal of Commerce Online, by William B. Cassidy -Mar 10, 2011: -- A key measure of truckload demand jumped 18.9 percent week over week in early March, signaling tightening capacity as the nation and the economy warm up... Longbow Research's Truckload Barometer rose to 164.5 for the week ending March 11 from 138.4 the prior week, hitting its highest level since mid-2010... The research firm's barometer measures the amount of available freight relative to current levels of available equipment, climbing as capacity gets tighter... Year-over-year, the barometer is up 97.2 percent, and the index has risen 49.7 percent since the beginning of 2011, the investment research firm said Wednesday... The March spike in part stems from the start of the produce season in the Southeast, which consumes available truckload capacity, Longbow Research said... Longbow's Flatbed Barometer also climbed, rising 2.9 percent week-over-week in its eighth consecutive weekly increase to its highest level in two years...
