Trucking Tonnage Rises in December 2012, But Tonnage is Down for the Year
From Econintersect Combined RSS Feed
January 23, 2013 - 9:39pm
Econintersect: The American Trucking Associations’ (ATA) trucking index rose again sharply 2.8% in December after gaining a revised 3.9% in November. Compared with December 2011, seasonally adjusted tonnage was down 2.3%. Overall trucking volumes were down 2.3% for 2012.
It should be noted that jobs grew in December in the trucking industry. From ATA Chief Economist Bob Costello:
“December was better than anticipated in light of the very difficult year-over-year comparison. In December 2011, the index surged 6.4% from the previous month. Costello anticipates more sluggishness in the index this year, especially early in the year, as the economy continues to face several headwinds.”
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January 23, 2013 - 9:39pm
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