For-hire truck tonnage fell 3.6% in January and dropped 5.0% compared with the same month last year, according to advanced seasonally adjusted data provided by the American Trucking Assns. (ATA).
For-hire truck tonnage fell 3.6% in January and dropped 5.0% compared with the same month last year, according to advanced seasonally adjusted data provided by the American Trucking Assns. (ATA). This follows a revised month-to-month 6.2% surge in December.
For the full-year 2006, truck tonnage fell 1.7% compared to 2005.
“Tonnage levels have become even more volatile in recent months, fitting with the anecdotal reports from motor carriers,” said ATA chief economist Bob Costello. “January was not particularly good, which is highlighted by the tonnage index falling substantially from both December 2006 and January 2006. These reductions also fit with other economic data, including the purchasing managers’ index and manufacturing production. The Fed’s manufacturing production index, weighted by truck tonnage instead of the value of the goods, fell 1.2 percent from December and 2.9 percent from January 2006.”
Voice your opinion!
To join the conversation, and become an exclusive member of FleetOwner, create an account today!
This free guide outlines simple steps for hiring and onboarding commercial drivers while ensuring that you meet Regulation Part 391 and maintain fully compliant driver qualification...
Ready to boost fleet efficiency by up to 50%? Learn how AI-powered dispatch and next-gen tech are transforming TMS workflows, improving driver planning, and streamlining operations...
Gain a strategic edge in today’s evolving fleet landscape. Join us to explore how fuel cards are helping fleet managers cut costs, enhance control, and prepare for an electrified...
