TunnelBear is a well designed, fast VPN provider that provides a great quality service to everyone, including novice users. It has both free and subscription-based virtual private network (VPN) services and companion app, which enables you to browse the Internet securely.Key Features include:. Browse privately: Secure your data and hide your IP address behind a bear.
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It also uses shared IPs in order to further protect your identity.To get started with TunnelBear, simply download the app, sign up with a username and a password and away you go. If you want to use one of subscription services you will then need to provide more details.Overall, TunnelBear provides a great service. It isn’t the fastest VPN provider, but for the average PC user who is concerned about privacy, using a VPN service, such as TunnelBear, is definitely recommended. The Free version of the service provides you with 500MB of data (upgraded if you promote the service on Twitter).Technical.
The Freight Transportation Services Index (TSI), which is based on the amount of freight carried by the for-hire transportation industry, fell 0.9% in December from November, falling for the second consecutive month to its lowest level since August 2018, according to the U.S. Department of Transportation’s Bureau of Transportation Statistics (BTS).For the year, the index fell 0.8% from December 2018 to December 2019, the first annual decline since 2015. The decline in 2019 followed a rise of 2.9% from December 2017 to December 2018 (Tables 1, 2, and 2A).In the fourth quarter of 2019, the freight TSI fell 1.0%, the second consecutive quarterly decline. It was the largest decline in any quarter since the fourth quarter of 2015 when the index fell 2.2% (Table 10). The level of for-hire freight shipments in December measured by the Freight TSI (135.5) has declined 3.3% since reaching the all-time high level of 140.1 in August 2019 (Table 2A). BTS’ TSI records begin in 2000.
See historical.The November index was revised down to 136.7 from 137.4 in last month’s release. Monthly numbers for August and October were revised down slightly. June was revised up slightly.The Freight TSI measures the month-to-month changes in for-hire freight shipments by mode of transportation in tons and ton-miles, which are combined into one index.
The index measures the output of the for-hire freight transportation industry and consists of data from for-hire trucking, rail, inland waterways, pipelines and air freight. The TSI is seasonally-adjusted to remove seasonality from month-to-month comparisons.Analysis: The Freight TSI September decrease of 0.9% reflected significant declines in rail intermodal, rail carloads, trucking, and pipeline, while water and air freight increased. The TSI decline took place against a background of mixed results in other indicators. The declined 0.3% in December reflecting a substantial decrease in utilities and increases in mining and manufacturing. Housing starts grew by 16.9%. The decreased 0.9 points to 47.2, indicating contraction in manufacturing for the fifth consecutive month. The ISM manufacturing index is based on a survey of 800 supply chain executives on production, orders, deliveries, and employment, while the Federal Reserve IP index is based on estimated physical output using a range of output measures that the Federal Reserve considers reliable.
Comparisons between patterns in the ISM manufacturing and the Federal Reserve IP index should be done with caution.Trend: The Freight Index’s 0.9% decline in December, was the second decline in a row and the third decline in fourth months for a total decrease of 3.3% from the high of 140.1 in August 2019. This decline left the index at its lowest level since August 2018.
However, it remained above any level it had reached before the high of June 2018. In effect, the Freight TSI rose 13.5% from March 2016 to June 2018, but has been essentially stable (declining by 0.5%) since then.The 1.0% decrease in the fourth quarter of 2019, was the second consecutive quarterly decline and the third in the last five quarters. It was the largest quarterly decline since the fourth quarter of 2015. The index has increased in 10 of 13 quarters since the fourth quarter of 2016.The September index was 42.9% above the April 2009 low during the most recent recession. For additional historical data, go to.Index highs and lows: For-hire freight shipments in December 2019 (135.5) were 42.9% higher than the low in April 2009 during the recession (94.8).
Brief Explanation of the TSIThe Transportation Services Index (TSI) is a measure of the month-to-month changes in the output of services provided by the for-hire transportation industries. The freight index measure changes in freight shipments while the passenger index measures changes in passenger travel.The TSI tells us how the output of transportation services has increased or decreased from month to month. The index can be examined together with other economic indicators to produce a better understanding of the current and future course of the economy.
The movement of the index over time can be compared with other economic measures to understand the relationship of changes in transportation output to changes in Gross Domestic Product (GDP).The freight transportation index consists of. Passenger air transportation.The index does not include intercity bus, sightseeing services, ferry services, taxi service, private automobile usage, or bicycling and other non-motorized transportation.The TSI includes only domestic 'for-hire' freight and passenger transportation. For-hire transportation consists of freight or passenger transport services provided by a firm to external customers for a fee.
The TSI does not include taxi services, paid ride services in personal motor vehicles (e.g., Uber, Lyft, etc.), intercity bus services, in-house transportation (vehicles owned and operated by private firms for their own use), or noncommercial passenger travel (e.g., trips in the household car).
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