US truck tonnage dips slightly in November

Avatar photo

ARLINGTON, Va. — Seasonally-adjusted US truck tonnage took a 0.1% hit in November, according to the latest data from the American Trucking Associations.

In September and October, tonnage increased a total of 28%. The not seasonally-adjusted index was down 3.7% in November.

Compared with November 2009, seasonally-adjusted tonnage was up 3.9%, significantly lower than October’s 6% year-over-year increase, the ATA noted. Year-to-date tonnage is up 5.9% compared to the same period in 2009.

“Tonnage increased for two consecutive months in September and October and I don’t expect volumes to rise every month,” said ATA chief economist Bob Costello. “Additionally, the decrease in November is much smaller than the gains during the previous two months.”  Costello said he expects truck freight tonnage to grow modestly during the first half of 2011 before accelerating in the later half of the year into 2012. 

Avatar photo

Truck News is Canada's leading trucking newspaper - news and information for trucking companies, owner/operators, truck drivers and logistics professionals working in the Canadian trucking industry.

Have your say

This is a moderated forum. Comments will no longer be published unless they are accompanied by a first and last name and a verifiable email address. (Today's Trucking will not publish or share the email address.) Profane language and content deemed to be libelous, racist, or threatening in nature will not be published under any circumstances.