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Truck Tonnage falls 1.3% in July

Posted by Genie Wood on Fri, Sep 02, 2011 @ 04:06 AM

The seasonally adjusted For-Hire Truck Tonnage Index has fallen 1.3 percent in July, as reported by The American Trucking Association (ATA).



The decrease came after an increase of 2.6% in June. July saw a pre-seasonally adjusted index of 111, down 9 percent from June. This non seasonally adjusted index represents the actual change in tonnage that is hauled by the fleets.



In comparison to the same month a year ago, the June 2011 tonnage index was up 6.5 percent, but the tonnage index for July 2011 was only 3.9 percent higher. According to the Chief Economist for ATA, tonnage has fallen on a sequential basis over the last few months.



These tonnage index numbers can be attributed to the hurting economy. However, overall tonnage is increasing every year.



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