Trucking Tonnage Growth Resumes in February 2012

March 28th, 2012
in econ_news

Econintersect: The American Trucking Associations’ (ATA) trucking index rose 0.5% month-over-month in February 2012 following a revised decline of 4.6% in January and a rise of 6.8% in December 2011. Compared with February 2011, seasonally adjusted tonnage was up 3.6%.

For calendar year 2011, truck tonnage was up 5.5% (revised down from last months preliminary figure).  From the press release:

“Fleets told us that February was decent and that played out in the numbers,” ATA Chief Economist Bob Costello said.   Costello noted that February’s month-to-month increase was sixth in the last seven months.

Follow up:

“I’m still expecting continued truck tonnage growth going forward.  Rising manufacturing activity and temperate consumer spending should be helped a little from an improving housing market,” he said.

Econintersect analysis shows trucking tonnage was in a tight range all of 2011 - but the December tonnage increase put the index at highs not seen before, and remains the largest year-over-year gain since July 1998.

Econintersect tries to validate data across data sources.  The increases in tonnage seem to correlate with truck transport employment since 2010.

Steven Hansen

source: ATA


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 - 2016 Econintersect LLC - all rights reserved