Truck Tonnage Index Hits Highest Recorded Level in November
The American Trucking Associations’ seasonally adjusted For-Hire Truck Tonnage Index rose 3.5% to 136.8 in November -- the highest level on record.
by Staff
December 19, 2014
Graph via ATA.
1 min to read
Graph via ATA.
[CORRECTED] The American Trucking Associations’ seasonally adjusted For-Hire Truck Tonnage Index rose 3.5% to 136.8 in November -- the highest level on record.
The index increased 4.4% compared with last November, representing the second best year-over-year gain in 2014. Year-to-date, compared with the same period last year, tonnage is up 3.3%
Ad Loading...
The index has been advancing steadily with increases in four out of the last five months for a total gain of 6.4%. The improving economy has strengthened tonnage in the past year, according to the ATA.
“With strong readings for both retail sales and factory output in November, I’m not surprised that tonnage increased as well,” said Bob Costello, ATA chief economist. “However, the strength in tonnage did surprise to the upside.”
The not seasonally adjusted index equaled 125.8 in November, which was 10.5% below the previous month at 140.5.
Trucking serves as a barometer for the U.S. economy, representing 69.1% of tonnage carried by domestic freight transportation. The ATA calculates the tonnage index based on surveys from its membership.
Corrected 12/22/2014 to clarify year-to-date vs. monthly comparisons
Mack Financial Services has introduced the Rolling Asset Program, offering physical damage insurance for all makes and models within a customer's fleet.
A new partnership brings free wireless ELD service plus load optimization and dispatch planning tools to fourth- and fifth-generation Freightliner Cascadia customers, with broader model availability planned through 2026.
This white paper examines how advanced commercial vehicle diagnostics can significantly reduce fleet downtime as heavy duty vehicles become more complex. It shows how Autel’s CV diagnostic tools enable in-house troubleshooting, preventive maintenance, and faster repairs, helping fleets cut emissions-related downtime, reduce dealer dependence, and improve overall vehicle uptime and operating costs.
The $283 million acquisition of FirstFleet makes Werner the fifth-largest dedicated carrier and pushes more than half of its revenue into contract freight.
B2X Rewards is a new, gamified rewards program aimed at driving deeper engagement across BBM’s digital platforms, newsletters, events, and TheFleetSource.com.
Cargo theft losses hit $725 million last year. In this HDT Talks Trucking Short Take video, Scott Cornell explains how a bill moving in Congress could bring federal tracking, enforcement, and prosecutions to help address the problem.