ATA tonnage index falls 11.1%

The American Trucking Assns. (ATA) seasonally adjusted for-hire truck tonnage index fell 11.1% in December 2008, the largest month-to-month reduction since April 1994, a time when the unionized less-than-truckload industry was in the midst of a strike. ATA said that December was the third-largest single-month drop since the trucking lobby began collecting the data in 1973, and the seasonally adjusted tonnage index reached its lowest level since December 2000, declining 14.1% year-over-year. “Motor carrier freight is a reflection of the tangible-goods economy, and December’s numbers leave no doubt that the United States is in the worst ...

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