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Jun 28, 2009

TRUCKING STATISTICS * USA - May Truck Tonnage Plunges 13.2%

Truck tonnage decreased 11% in May compared with a year ago, but increased when compared to the previous month

Washington,DC,USA -Transport Topics -26 June 2009: -- American Trucking Associations said Friday: The decline in the for-hire seasonally adjusted truck tonnage index left tonnage at a reading of 102.3. Even though the decrease was smaller than April's 13.2% plunge, May's decrease is still “historically large” ... The index increased 3.2% from May, the first increase since February, ATA said late Friday... Without accounting for seasonal adjustment, the index gained 0.4% from April, while April’s tonnage level had dropped 13.2% from a year earlier. May's improvement wasn't enough to offset the 6.7% cumulative reduction from March and April, ATA said... ATA Chief Economist Bob Costello said that though the month-to-month increase is encouraging, tonnage will not likely see a surge anytime soon... (Photo from delivery.superstock: SuperStock)

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