The Transportation Services Index (TSI) for freight fell .6 percent to 111.9 in July from the June level of 112.6, the second consecutive monthly decline.
The July 2005 level of 111.9 is .9 percent higher than the July 2004 level of 110.9, according to Department of Transportation information.
TSI is a single seasonally adjusted index of the month-to-month changes in the output of services provided by the for-hire transportation industries, including railroad, air, truck, inland waterways, pipeline, and local transit.