U.S. July Freight TSI Falls 0.7%, Passenger TSI Rises 0.4%
U.S. Bureau of Transportation Statistics data show the July 2026 Freight Transportation Services Index (TSI) fell 0.7% from June and 2.0% from July 2025, after one month of growth. The Freight TSI measures the amount of freight carried by the for-hire transportation industry. The Passenger TSI rose 0.4% in July from June, its third consecutive monthly increase, and rose 1.8% year over year to a new high for 2026, though still 5.6% below the all-time high in January 2020. The combined freight and passenger index fell 0.3% from June and 0.7% year over year. The freight decline came from decreases in air freight, pipeline and trucking, while rail carloads, rail intermodal and water volumes inc…
Impact and considerations
Diverging freight and passenger transport volumes reflect structural shifts in U.S. transportation demand, offering reference points for capacity planning, cost expectations and supply-chain risk assessment by travel- and logistics-related businesses.
Key points
- The July 2026 Freight TSI fell 0.7% from June and 2.0% from July 2025, after one month of growth.
- The Freight TSI measures the amount of freight carried by the for-hire transportation industry.
- The Passenger TSI rose 0.4% in July from June, its third consecutive monthly increase, and rose 1.8% year over year.
- The Passenger TSI reached a new high for 2026 but remained 5.6% below the all-time high in January 2020.
- The combined freight and passenger index fell 0.3% from June and 0.7% year over year.
- The freight decline came from decreases in air freight, pipeline and trucking, while rail carloads, rail intermodal and water volumes increased.
Sources and time
- Primary source
- Bureau of Transportation Statistics
- Other sources
- 0
- First source publication
- 9 Sept 2026, 08:00
- Page published
- 12 Sept 2026, 00:17
- Last updated
- 9 Sept 2026, 08:00
- Original links
- US BTS Statistical Releases：The July 2026 Freight Transportation Services Index (TSI) Fell 0.7% from June 2026 and Fell 2.0% from July 2025 | Bureau of Transportation StatisticsLockU.S. Department of TransportationUnited States Department of Transportation(link is external)(link is external)(link is external)(link is external)(link is external)(link sends email)(link is external)(link is external)(link is external) (opens in a new tab)Primary source · en · Published 9 Sept 2026, 08:00