Truck Tonnage Climbs

Sept. 6, 2006
The American Trucking Associations (ATA) Truck Tonnage Index showed an increase for July the most current figures although the industry hasnt recovered

The American Trucking Associations’ (ATA) Truck Tonnage Index showed an increase for July – the most current figures – although the industry hasn’t recovered from decreases earlier in the year. The association reported a modest 0.7% increase for July after a 0.4% decline in June. Bob Costello, ATA’s chief economist, points to increases in retail sales and manufacturing as factors in tonnage gains for July.

On a seasonally adjusted basis, the Index shows a gain to 113.4 (2000 = 100) from June’s 112.6. Year-over-year figures for July show a decline of 1.6%. Year-to-date tonnage was down 1.8% year-over-year. That said, the Index has increased three times in four months.

“There is no doubt,” says Costello, "the three month-to-month increases during the last four months are very positive, although I’d feel even better if the Index was growing on a year-over-year basis as well.” Largest declines were in February and March of this year.

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