posted on 25 November 2016
Written by Steven Hansen
Truck shipments declined or improved in October - depending on the data source. Trucking, like rail, may be in contraction - but is likely improving.
The American Trucking Associations' (ATA) trucking index decreased 0.3 % in October following a 6.3 % decline in September.
From ATA Chief Economist Bob Costello:
Truck tonnage this month
Compared with one year ago, seasonally adjusted tonnage contracted 0.9 %.
Econintersect tries to validate ATA truck data across data sources. It appears this month that jobs growth says the trucking industry employment levels were up month-over-month. Please note using BLS employment data in real time is risky, as their data is normally backward adjusted (sometimes significantly).
FTR's Trucking Conditions Index for August Rises as New Regulations Tighten Capacity
CASS FREIGHT INDEX REPORT
Consistent with what many in the industry have been calling a "more than normal fall surge" in volumes, the Cass Shipments Index was up on a YOY basis for the first time in 20 months. We have seen a wide range of results in the different modes: from continued volume growth in parcel and airfreight driven by e‐commerce, to a sequential improvement in truck tonnage, to less bad rail and barge volume overall. Although it is far too early to make a
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