Truck Tonnage Index Jumps 1.2% in January

The American Trucking Associations’ (ATA) has announced that its advanced seasonally adjusted For-Hire Truck Tonnage Index increased 1.2% in January, 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 increased 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 which was 3.5% below the previous month (131.5).

For all of 2014, tonnage was up 3.7%, slightly better than the 3.4% originally reported. In 2013, the index increased 5.5%.

“Truck tonnage continued to improve in January, marking the fourth straight gain totaling 3.5%,” said ATA Chief Economist Bob Costello. “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%.

Category: Featured, General Update