Trucking Tonnage Rises in November 2012 - Hurricane Sandy After Effect
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December 22, 2012 - 11:52pm
Econintersect: The American Trucking Associations’ (ATA) trucking index rose sharply 3.7% in November erasing last month's lost. Compared with November 2011, seasonally adjusted tonnage was up 1.0% - a contraction year-over-year.
It should be noted that jobs grew in November in the trucking industry. From the press release:
“Sandy impacted both October’s and November’s tonnage readings,” ATA Chief Economist Bob Costello said. “But it was still good to see tonnage snap back in November.” Costello said he expects a boost to flatbed tonnage from the rebuilding in the areas impacted by Sandy, but most of that won’t happen until the spring when the money starts flowing and the weather is conducive to building.”
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