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ATA tonnage index dips in Sept.
By eTrucker Staff
Even though U.S. truck tonnage fell 7.3 percent in September from the same month last year, it was the best year-to-year monthly showing since November 2008, American Trucking Associations said Friday, Oct. 23.
ATA’s seasonally adjusted for-hire truck tonnage index dipped 0.3 percent in September from August after rising 2.1 percent in August from July. The August index was down 7.5 percent from a year earlier.
September’s not seasonally adjusted index, which represents the change in tonnage actually hauled by the fleets before any seasonal adjustment, gained 2 percent from August.
September’s reading shows that economic recovery will be "moderate and choppy," said ATA Chief Economist Bob Costello. “The trucking industry should not be alarmed by the very small decrease in September,” Costello said in a statement.
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