The American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index stood at 118.7 (2000=100) for September, 2.4 percent higher than the level seen in September 2011. This constituted the smallest year-over-year increase since December 2009. Year-to-date, compared with the same period last year, tonnage was up 3.6 percent.
The index increased 0.4 percent in September after falling 0.9 percent in August. The level in September was the same as in January 2012, so the index has been on a flat trend-line over the past 9 months, the ATA said.
“The year-over-year deceleration in tonnage continued during September, although I was encouraged that the seasonally adjusted index edged higher from August,” ATA Chief Economist Bob Costello said in a written statement. Costello expects year-over-year comparisons to continue to diminish for the rest of the year.
The not seasonally adjusted index, which represents the change in tonnage actually hauled by the fleets before any seasonal adjustment, equaled 115.3 in September, which was 9 percent below the previous month.