Truck Tonnage Dips for the Second Straight Month
Trucking activity in the U.S. experienced a decline in December, as reported by the American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index. This is the second consecutive month of contraction.
The index for December was 111.3, down from 112.6 in November. With 2015 as the baseline (set at 100), the index was 3.2% lower than the same month a year ago, per the ATA. The raw, not seasonally adjusted index, which measures tonnage hauled without seasonal adjustments, as the ATA data shows, was 108.8 in December, representing a 0.9% decrease from November.
The ATA’s tonnage data is derived from surveys the association has been conducting with its members for decades. This figure is preliminary and may be adjusted in the final report, which is typically released around the 5th of each month.
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