BTS: Dec. Freight Shipments Dips 0.6% On Month


   
Barani Krishnan
DTN Refined Fuels Market Reporter

   SECAUCUS, NJ (DTN) -- The Freight Transportation Services Index (FSI), based 
on for-hire transportation industry volumes, fell 0.6% in December to 137.8, 
the U.S. Bureau of Transportation Statistics said Wednesday (2/11).

   The decline followed a revised 1.3% increase in November and marked the 
first monthly drop after one month of growth, according to BTS records.

   The December decrease reflected lower volumes in air freight, rail carloads, 
and pipelines, while trucking, rail intermodal, and water vessel shipments 
showed increases for the month.

   Other economic indicators were mixed, as the Institute for Supply Management 
Manufacturing index fell 0.3% while the Federal Reserve Board's Industrial 
Production Index rose by 0.4%.

   The Passenger Transportation Services Index fell 0.1% month-over-month and 
0.2% year-over-year in December, following a 0.6% monthly decline and 1.6% 
yearly advance in the prior month.

   The Combined Freight and Passenger Index decreased 0.4% from November but 
rose 0.2% year-over-year, while BTS estimated air freight and passenger data 
one month ahead of reporting.




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