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  • granicus007 granicus007 Jun 19, 2012 2:04 PM Flag

    May Truck Tonnage Rises 4.1%

    May Truck Tonnage Rises 4.1%

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    Larry Smith/Trans Pixs

    Truck tonnage rose 4.1 % in May from a year ago, the biggest year-over-year gain since February, American Trucking Associations said Tuesday.

    Sequentially, tonnage slipped 0.7% from April, following a 1.1% decline from March, ATA said in its monthly seasonally adjusted for-hire truck tonnage report.

    The not seasonally adjusted index, which represents the change in tonnage actually hauled by fleets before seasonal adjustments, was 124.5 in May, 6.5% above April.

    Year-to-date, tonnage is 3.8% over the same period last year, said ATA, which uses the year 2000 as a 100-reading baseline.

    “Two straight months of [monthly] contractions is disappointing,” ATA Chief Economist Bob Costello said in a statement. “The drops in tonnage are reflective of the broader economy, which has slowed.”

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