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.
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.
ATA's seasonally adjusted For-Hire Truck Tonnage Index rebounded from small drop in December, increasing 2.3% for the month of January.
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.
The American Trucking Associations' For-Hire Truck Tonnage Index increased by 0.4% in November, building slightly on October’s already impressive level.
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.
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.
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.
At the FTR Transportation Conference, speaker after speaker attempted to capture just how hard-galloping the economy is and the positive if head-spinning impact that is having on the market for moving freight.
Over the next ten years, ATA's Freight Forecast projects that tonnage transported will grow from 16 billion tons in 2018 to 21.7 billion tons by 2029.