advanced seasonally adjusted
(SA) For
‐Hire Truck Tonnage
Index gained 0.9% in March
after decreasing 0.7% in February.
Tonnage has now increased in
four of the last five months. Specifically,
since November 2012, the
index is up 7.6%. In March, the SA
index equaled 123.5 versus 122.3 in
February. The highest level on record
was December 2011 at 124.3.
Compared with March 2012, the SA
index was up a solid 3.8%, beating
February’s 3.1% year
‐over‐year
gain. Year
‐to‐date, compared with
the same period in 2012, the tonnage
index is up 3.9%.
The not seasonally adjusted
index, which represents the
change in tonnage actually hauled
by the fleets before any seasonal
adjustment, equaled 125.2 in
March, which was 11.5% above the
previous month (112.3).
“Fitting with the expectation
for solid gross domestic product
growth in the first quarter, tonnage
was strong in March and the
quarter overall,” ATA Chief Economist
Bob Costello said. “At 3.9%
year
‐over‐year growth, the first
quarter increase was the best
since the final quarter 2011.”
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