BTS Says Freight Carriage in U.S. Up 0.2 Percent in April
The amount of freight carried by the for-hire transportation industry rose 0.2 percent in April from March, according to the latest Bureau of Transportation Statistics Freight Transportation Services Index, rising after a one-month decline. The April 2012 level was 16.2…
Sign up for a free preview to unlock the rest of this article
If your job depends on informed compliance, you need International Trade Today. Delivered every business day and available any time online, only International Trade Today helps you stay current on the increasingly complex international trade regulatory environment.
percent above the April 2009 low during the recession, it said. But it declined from December 2011, which was the all-time high since 1990 when BTS' TSI records began. BTS said the Freight Index has shown little change since dropping in January from its December peak. Freight shipments are up 0.4 percent in the five years from the pre-recession level of April 2007 and up 10 percent in the 10 years from April 2002, despite declines in recent years, it said.