For-Hire Freight Movements Hit New Record High Level

New U.S. Transportation Department figures show the amount of for-hire freight rose 1.6% in July from June, the fourth consecutive monthly gain and a new record high. The increase places the department’s Freight Transportation Services Index (TSI) at a reading of 124.6, while the June measure was revised up to 122.6 from 122.3. Numbers for January through May were also revised up slightly. TSI records go back to 2000.

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