Truck Tonnage Index Surged 3.5% in November

American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index jumped 3.5% in November, following an increase of 0.5% during the previous month. In November, the index equaled 136.8 (2000=100), which was the highest level on record.

Compared with November 2013, the SA index increased 4.4%, down slightly from October’s 4.5% increase but still was the second highest year-over-year gain in 2014.

Year-to-date, compared with the same period last year, tonnage is up 3.3%. The not seasonally adjusted index, which represents the change in tonnage actually hauled by the fleets before any seasonal adjustment, equaled 125.8 in November which was 10.5% below the previous month (140.5).

Noted ATA Chief Economist Bob Costello,”The index has increased in four of the last five months for a total gain of 6.4%,” Costello said. “Clearly, the economy is doing well with tonnage on such a robust trend-line.”

Tags: ATA, truck tonnage

Category: Featured, General Update