The American Trucking Assoications’ advanced seasonally adjusted For-Hire Truck Tonnage was reported to have declined in the month of June by 0.8%; this followed a increase in May of 0.9%.
“Compared with June 2013, the SA index increased 2.3%, down from May’s 3.3% year-over-year gain. This year-over-year increase was the second smallest in 2014, following a 1% gain in January. Year-to-date, compared with the same period last year, tonnage is up 2.8%.”
“June was one of those months where the data doesn’t quite match up with the anecdotal reports from fleets,” said ATA Chief Economist Bob Costello. “We had heard the freight volumes were good.” Costello added that tonnage had increased for four consecutive months prior to June totaling 4.4%.
“Despite the small reprieve in June, the second quarter was much better than the first quarter,” he said. “Tonnage increased 2.3% from the first quarter, which was the largest quarter to quarter gain since the first quarter in 2013. Compared with the second quarter in 2013, tonnage increased 3.2%, a percentage point better than the first quarter year-over-year increase.”
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