U.S. Domestic Truck Tonnage Up
December 23, 2008 by Splatty
Filed under Misc Logistics
According to a report from the ATA (American Trucking Association), U.S. domestic truck tonnage during the month of November increased 1.7 percent over the previous month, marking the first increase in volumes since June.
Although, it is not all good news as domestic volumes are still down significantly.
Via Trucknews.com:
November’s tonnage was 1.8% lower than November 2007, marking the second straight year-over-year decrease.
But despite the uptick in November, the ATA is not throwing any parties. The association says the freight outlook remains bleak “Don’t let November’s increase in the seasonally adjusted index fool you,” said ATA chief economist, Bob Costello, noting the figure is seasonally-adjusted. “Freight volumes were down substantially before any seasonality is taken out of the data.”
U.S. truck volumes and tonnage | Third Party Logistics News - 3PLwire | Transportation Industry Info and Employment on Wed, 24th Dec 2008 12:03 pm
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