The Department of Transportation's (DOT) freight transportation services index (TSI) fell 10.5 percent in October from a year earlier. This is the biggest decline in the TSI in twenty years. The Bureau of Transportation Statistics reported that the TSI dropped 1.2 percent from September. The freight index has fallen in 11 of the past 15 months and is off 5.8 percent in the first 10 months of 2009, DOT said. The TSI is a seasonally adjusted monthly index measuring the output of services provided by the for-hire transportation industries, including railroad, truck and local transit.
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