So Goes Traffic, (Passengers & Freight) So Goes The Economy

Good Morning & Happy March !

Early in my career I was  driving the President of one of the  largest flower distributors  to a potential relocation site here in Los Angeles, when one of his chief executives riding in the car with us complained about the traffic congestion. The President quickly responded….”Stop Complaining ..many of the people stuck in their cars in this traffic jam, buy our flowers at the Supermarket!

This is not an endorsement of gridlock or support for traffic jams that are difficult for all of us….but without  Freight Traffic delivering products to the malls, and to the varied establishments that we all purchase from and or utilize..the Economy would wither away. We require both  passenger traffic and freight traffic to have a healthy economy.

This is why I want everyone who monitors the economy to become familiar with the TSI Freight Index  The Freight TSI measures the month-to-month changes in the output of services provided by the for-hire transportation industries, and it includes data from for-hire trucking, rail, inland waterways, pipelines, and air freight. This is for ALL Freight not just Air Freight which I monitor monthly.

The Freight Transportation Services Index (TSI) was unchanged in December from its November level, after one monthly increase, the U.S. Department of Transportation’s Bureau of Transportation Statistics (BTS) reported today

BTS, a part of the Research and Innovative Technology Administration, reported that though the Freight TSI declined 4.1 percent during 2009  the index increased 2.9 percent over the last seven months of the year, beginning in June

The December Freight TSI of 96.2 is a 2.9 percent increase from the recent low of 93.5 reached in May.

The TSI is a seasonally adjusted index that measures changes from the monthly average of the base year of 2000.  It includes historic data from 1990 to the present.  Release of the January index is scheduled for March 10.

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1 Comment

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One response to “So Goes Traffic, (Passengers & Freight) So Goes The Economy

  1. Ely Zimmerman

    Thanks Izzy.
    Interesting new indicator for me.
    Does the December 96.2 mark mean that compared to the base year of 2000 that current freight traffic in December 2009 is 3.8% lower than it was in December 2000?

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