Tag Archive: truck tonnage


trucking68The American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index increased for the second straight month, up 2.9 percent in January after jumping 2.4 percent in December.

(The 2.4 percent gain in December was revised down from a 2.8 percent increase ATA reported on Jan. 22, 2013.)

Tonnage has gone up at least 2.4 percent every month since November, gaining a total of 9.1 percent over that period. As a result, the SA index equaled 125.2 (2000=100) in January versus 121.7 in December. January’s index was the highest on record. Compared with January 2012, the SA index was up an impressive 6.5percent, the best year-over-year result since December 2011.

According to ATA Chief Economist Bob Costello,

The trucking industry started 2013 with a bang, reflected in the best January tonnage report in five years. While I believe that the overall economy will be sluggish in the first quarter, trucking likely benefited in January from an inventory destocking that transpired late last year, thus boosting volumes more than normal early this year as businesses replenish those lean inventories.

ATA recently revised the seasonally adjusted index back five years as part of its annual revision. For all of 2012, tonnage was up 2.3 percent, the same as reported prior to the revision. In 2011, the index was up 5.8 percent.

This idex, which is NOT seasonally adjusted, and represents the change in tonnage actually hauled by the fleets before any seasonal adjustment, equaled 122.4 in January, which was 10.7% above the previous month (110.5).

Now, more than ever, it’s important to hire the best, to make sure that your business gets to market.

The Transportation Firm, LLC knows that your supply needs are unique. And that’s exactly why we’ve pooled together the best minds in the industry to create specific solutions customized to suit your ever-changing operating environment.

From precise design to seamless execution, our dedicated transportation professionals are involved every step of the way to provide you with the most accurate and economical transportation the industry has to offer.

The Transportation Firm, LLC

384 E. Goodman Road, Ste 242

Southaven, MS 38671

E-mail: info@transportfirm.com

“Integrity, Committment, Results”

WE WELCOME YOUR COMMENTS ABOUT THIS BLOG!!!

Advertisements

Truck Tonnage Rose in July

According to the American Trucking Associations,truck tonnage rose 3.7 percent from a year ago in July, but was flat compared to June and is likely to decelerate.

The ATA For-Hire Truck Tonnage Index stayed flat in July after rising a revised 1.1 percent in June and contracting in April and May as the economy slowed.

ATA Chief Economist Bob Costello said last Tuesday:

July’s reading reflects an economy that has lost some steam, but hasn’t stalled. Certainly, there has been some better economic news recently, but I continue to believe we will see some deceleration in tonnage during the second half of the year.

The 3.7 percent annualized growth rate was an improvement from 3.2 percent year-over-year growth in June. The index rose 3.8 percent year-over-year in May.

Per Costello, there will be a 3 to 3.5 percent growth in truck tonnage in 2012 compared with a more robust 2011, especially last year’s August to December shipping surge.

A slowdown in new factory orders and rising inventories will affect truck freight volumes, he said, referring to an increase in inventory-to-sales ratios.

Now, more than ever, it’s important to hire the best, to make sure that your business gets to market.

The Transportation Firm, LLC knows that your supply needs are unique. And that’s exactly why we’ve pooled together the best minds in the industry to create specific solutions customized to suit your ever-changing operating environment.

From precise design to seamless execution, our dedicated transportation transportation professionals are involved every step of the way to provide you with the most accurate and economical transportation the industry has to offer.

The Transportation Firm, LLC

384 E. Goodman Road, Ste 242

Southaven, MS 38671

E-mail: info@transportfirm.com

“Integrity, Committment, Results”

WE WELCOME YOUR COMMENTS ABOUT THIS BLOG!!!