Thursday, February 24, 2011

Truck Tonnage Up, Again

A bit of good news:

The American Trucking Associations’ advance seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 3.8 percent in January after rising a revised 2.5 percent in December 2010. The latest jump put the SA index at 117.1 (2000=100) in January, which was the highest level since January 2008. --ATA quoted by CalcRisk

ATA is worried about fuel prices--not so much for their own members, which will take a hit, but for consumer spending purposes.

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