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American Trucking Associations’ American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index fell by 6.1% in May, nearly erasing the 7% gain in April.
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April was a strong month for truck tonnage, according to the ATA Truck Tonnage Index, possibly due to factors such as weaker previous months and a late Easter holiday.
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Bad winter storms and a later than normal Easter holiday may have contributed to a 2.3% dip in American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index for the month of March.
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American Trucking Associations’ seasonally adjusted For-Hire Truck Tonnage Index showed that tonnage was down compared to the month before, but the decrease was less than expected.
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ATA's seasonally adjusted For-Hire Truck Tonnage Index rebounded from small drop in December, increasing 2.3% for the month of January.
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American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index increased 6.6% in all of 2018 – the largest annual gain since 1998 and significantly better than the 3.8% increase in 2017.
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The American Trucking Associations' For-Hire Truck Tonnage Index increased by 0.4% in November, building slightly on October’s already impressive level.
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Understanding the relationship between truck tonnage and railroad carloads, as well as the importance of the Purchasing Managers’ Index in forecasting the direction of truck tonnage.
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After slowing at the end of the third quarter, truck freight surged in October, reflected in the American Trucking Associations’ Truck Tonnage Index, which rose 6.3% in October to 119.9 from September’s mark of 112.8.
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Freight softened in August and September, according to the American Trucking Associations' monthly Truck Tonnage Index, but tonnage was still up for the third quarter.
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