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DOT Says Freight Transportation Services Index Fell 0.4% in May from April

The DOT's Bureau of Transportation Statistics announced on July 14, 2010, that the Freight Transportation Services Index (TSI) fell 0.4 percent in May from its April level, declining after two consecutive monthly increases. The Freight TSI measures the month-to-month changes…

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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.