ATA Truck Tonnage up 7.1% in August
Economist: Hurricane prep work and higher port volume likely caused boost.
American Trucking Assns.’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 7.1% in August, following a 0.5% gain during July. In August, the index equaled 149 (2000=100), up from 139.1 in July.
Compared with August 2016, the SA index increased 8.2%. In July, the index rose 2.7% on a year-over-year basis. Year-to-date, compared with the same eight months in 2016, the index is up 2.1%.
As part of this report, ATA also revised its July increase in the index upward to a 0.5% gain from the previously reported 0.1% increase.
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Source:: http://fleetowner.com/economics/ata-truck-tonnage-71-august
