For-hire trucking index rises in February
American Trucking Associations’ seasonally adjusted truck tonnage index increased 5.5 percent in February from a year earlier and 0.8 percent from January, ATA said March 27.
February’s seasonally adjusted for-hire truck tonnage index followed a revised 3.1 percent increase in January.
The February not seasonally adjusted index, which represents actual tonnage, was up 1.3 percent from January.
“Fleets told us that February was decent and that played out in the numbers,” ATA Chief Economist Bob Costello said.