American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index contracted 5.8% in September, following a 5% rise during August (a slight downward revision from our press release last month). In September, the index equaled 132.7 (2000=100), down from 140.8 in August. The all-time high was 144 in February.
Compared with September 2015, the SA index fell 0.7%, the first year-over-year decline since October 2015. In August, the year-over-year increase was 5.2%. Year-to-date, compared with the same period in 2015, tonnage was up 3%....More