The latest economic indicators for the trucking industry point to more freight and a dip in trailer orders following a hot fourth quarter:
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Tonnage climbs: The American Trucking Associations’ monthly For-Hire Truck Tonnage Index rose 1.2 percent in January from December and 6.6 percent from last January — the largest year-over-year gain in more than a year. The seasonally adjusted index equaled 135.7 in the month — an all-time high.
In all of 2014, tonnage was up 3.7 percent from 2013, ATA says, which is a slight upward revision from its December report. Tonnage has also climbed 6.7 percent since March 2014’s most recent bottom.
“Last year was slightly better for truck tonnage than we originally thought and I am expecting that momentum to continue in 2015,” said ATA Chief Economist Bob Costello.[/gttable]
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