Posted By Administration,
Tuesday, September 27, 2016
Updated: Thursday, September 22, 2016
Following a 2.1 percent decline in July, The American Trucking Associations For-Hire Truck Tonnage Index jumped 5.7 percent from July to August. Year-over-year, the index was up 5.9 percent in August, compared with a 0.2 percent annualized increase in July.
Seasonal adjustment may have made the August surge seem larger than it actually was. (JOC.com)