1.4 Freight Transportation Service Index

1. The Freight Transportation Services Index, an indicator of monthly changes in freight carried by for-hire transportation companies.
2. Not exactly paralleled the demand for consumer goods since August 2019.
3. The volume of freight moved declined moderately from August 2019 through February 2020, then collapsed with the arrival of COVID-19 in March but quickly rebounded by summer.

Figure 1.5: Freight Transportation Services Index 2016–2021