2/28/2012 1:00:00 PM Write a Letter to the Editor Write a letter to the Editor Truck Tonnage Rises 3.6% in January
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Tom Biery/Trans Pixs
Truck tonnage rose 3.6% in January from the same month last year, American Trucking Associations said.
January tonnage fell 4% from December, ATA said in its monthly seasonally adjusted for-hire truck tonnage report released Tuesday.
Tonnage rose 5.8% for last year, ATA said, slightly revising downward its previous 5.9% figure. The 2011 gain matched 2010’s increase.
The seasonally adjusted index for January was a reading of 119.4, down from December’s record level of 124.4.
The not seasonally adjusted index, which represents actual tonnage, was 112.1 in January. ATA uses the year 2000 as a 100-reading baseline.
ATA Chief Economist Bob Costello, who previously said he was surprised by December’s big gain, said he was “not surprised that tonnage fell on a seasonally adjusted basis in January simply due to the fact that December was so strong.”