Refrigeratedtransporter 1416 Large Dollar Sign And Front Truck

ATA Truck Tonnage Index begins year with momentum

Feb. 25, 2015
American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index increased 1.2% in January 2015, following a revised gain of 0.1% during the previous month.
American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index increased 1.2% in January 2015, following a revised gain of 0.1% during the previous month. In January, the index equaled 135.7 (2000=100), an all-time high. Compared with January 2014, the SA index climbed 6.6%, which was the largest year-over-year gain in over a year. The not seasonally adjusted index, which represents the change in tonnage actually hauled by the fleets before any seasonal adjustment, equaled 126.9 in January. This was 3.5% below the previous month (131.5).
ATA recently revised the seasonally adjusted index back five years as part of its annual revision. For all of 2014, tonnage was up 3.7%, slightly better than the 3.4% originally reported. In 2013, the index rose 5.5%. “Truck tonnage continued to improve in January, marking the fourth straight gain totaling 3.5%,” said Bob Costello, ATA chief economist. “Last year was slightly better for truck tonnage than we originally thought, and I am expecting that momentum to continue in 2015.” Costello added that since bottoming out in March 2014, tonnage is up 6.7%. Trucking serves as a barometer of the US economy, representing 69.1% of tonnage carried by all modes of domestic freight transportation, including manufactured and retail goods. Trucks hauled 9.7 billion tons of freight in 2013. Motor carriers collected $681.7 billion, or 81.2% of total revenue earned by all transport modes.

Sponsored Recommendations

Reducing CSA Violations & Increasing Safety With Advanced Trailer Telematics

Keep the roads safer with advanced trailer telematics. In this whitepaper, see how you can gain insights that lead to increased safety and reduced roadside incidents—keeping drivers...

80% Fewer Towable Accidents - 10 Key Strategies

After installing grille guards on all of their Class 8 trucks, a major Midwest fleet reported they had reduced their number of towable accidents by 80% post installation – including...

Proactive Fleet Safety: A Guide to Improved Efficiency and Profitability

Each year, carriers lose around 32.6 billion vehicle hours as a result of weather-related congestion. Discover how to shift from reactive to proactive, improve efficiency, and...

Tackling the Tech Shortage: Lessons in Recruiting Talent and Reducing Turnover

Discover innovative strategies for recruiting and retaining tech talent in the trucking industry at our April 16th webinar, where experts will share insights on competitive pay...

Voice your opinion!

To join the conversation, and become an exclusive member of FleetOwner, create an account today!