The August reading—at 134.1—slipped 0.4% from July to August, falling sequentially for the fourth consecutive month, which BTS attributed to seasonally-adjusted decreases in rail carloads, rail intermodal, airfreight, and water, while pipeline headed up and trucking remained stable. And it added that the decline in August occurred amid a backdrop of growth for other indicators.
Source: logistics Mgmt
Freight TSI reading is mixed once again, reports BTS
More from News,More posts in News, »
- Trax Technologies Acquires EM6 to Expand Global Freight Audit Leadership
- Ongoing demand weakness again impacts FedEx earnings
- Commerce, NRF data shows mixed sequential readings and annual gains
- National diesel average is down, for week of March 13, reports EIA
- Korn Ferry survey highlights impact of Covid on supply chain staff culture
Be First to Comment