The Freight Transportation Services Index (TSI), fell 0.7% in July from June, falling after one month of growth, according to the U.S. Department of Transportation Bureau of Transportation Statistics (BTS).

From July 2025 to July 2026 the index fell 2.0%. The Freight TSI measures the amount of freight carried by the for-hire transportation industry.

The Freight TSI decreased in July due to decreases in air freight, pipeline, and trucking while rail carloads, rail intermodal, and water volumes increased.

The freight transportation index consists of:
• For-hire trucking,
• Railroad freight services (including rail based intermodal shipments such as containers on flat cars),
• Inland waterways transportation,
• Pipeline transportation (including principally petroleum and petroleum products and natural gas), and
• Air freight.

The index does not include international or coastal waterborne movements, private trucking, courier services, or the US Postal Service.

 

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