The Freight Transportation Services Index (TSI), rose 1.2% in November from October, rising for the month after two months of decline, according to the U.S. Department of Transportation Bureau of Transportation Statistics (BTS). From November 2024 to November 2025 the index rose 1.2%. The freight TSI measures the amount of freight carried by the for-hire transportation industry.
Analysis: The Freight TSI increased in November 2025 due to increases in rail carloads, pipeline, and trucking volumes while air freight, rail intermodal, and water volumes decreased.
- 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.
