Daniel Acker/Bloomberg News
The Department of Transportation's freight transportation services index rose to record high in November, DOT said Jan. 9.
The freight TSI increased 1.2% from October to an all-time high of 116.5, DOT's Bureau of Transportation Statistics said in its monthly report.
The index rose 5.2% in November year-over-year, DOT said.
DOT uses a baseline reading of 100 from the year 2000.
"Growth in tonnage-intensive industries such as heavy construction, and oil and gas fracking produced an increase in truck tonnage. Both trucking and rail benefited from growing auto production," according to the report.
"The 1.2% increase in November freight transportation after a small dip in October was a return to the growth that has characterized the second half of 2013. The November rise was a result of increases in all modes except pipeline," BTS said in its report.
