Trucking Tonnage Fell 1.3% In July 2011

August 25th, 2011
in econ_news

Econintersect: According to the American Trucking Association, their Truck Tonnage Index decreased 1.3% in July 2011 after rising a revised 2.6% in June 2011.

ATA Chief Economist Bob Costello said:

We had heard that freight weakened from a robust June, that that was true.   Tonnage has fallen in three of the last four months on a sequential basis.

Follow up:

Despite a solid June, our truck tonnage index fits with an economy that is growing very slowly.  The good news is that tonnage continues to increase on a year-over-year basis, but it is likely that the rate of growth will moderate in the second half of the year.

Compared with July 2010, SA tonnage was up 3.9%.  In June, the tonnage index was 6.5% above a year earlier.  Econintersect uses transport indices to measure the economy - and believes their movements correlate to economic activity.  Hat tip to Calculated Risk for the graph below.

source: ATA via PRNewswire, Calculated Risk


Make a Comment

Econintersect wants your comments, data and opinion on the articles posted.  As the internet is a "war zone" of trolls, hackers and spammers - Econintersect must balance its defences against ease of commenting.  We have joined with Livefyre to manage our comment streams.

To comment, just click the "Sign In" button at the top-left corner of the comment box below. You can create a commenting account using your favorite social network such as Twitter, Facebook, Google+, LinkedIn or Open ID - or open a Livefyre account using your email address.



Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day


Asia / Pacific
Middle East / Africa
USA Government

RSS Feeds / Social Media

Combined Econintersect Feed

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution



  Top Economics Site Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2017 Econintersect LLC - all rights reserved