On Wednesday, the final 2016 Transportation Services Index (TSI) from the Bureau of Transportation Statistics (BTS) showed activity in the for-hire freight sector at a record high in December. The December peak – equal to the all-time high in July – capped a rebound in 2016 freight activity from a 2015 decline that left the measure of freight shipments slightly above the December 2014 level.
The index has climbed 31.7 percent since the low point of the recession in April 2009, but it rose only 0.8 percent in the two-year period since the end of 2014. That period couples a 2.0 percent loss in 2015 with a 2.9 percent gain in 2016. During 2016, the index peaked in both July and December.