For-hire trucking companies added 700 payroll jobs in September on a seasonally adjusted basis as the overall U.S. economy added 114,000 nonfarm jobs.
Economic activity in the manufacturing sector expanded in September following three consecutive months of slight contraction.
ATA's For-Hire Truck Tonnage Index shrunk 0.9 percent in August but is still up
The Equipment Leasing & Finance Foundation's Monthly Confidence Index for the Equipment Finance Industry is 53.0, up from the August index of 50.2, reflecting increased optimism.
The average marginal cost per mile for 2011 was $1.71, the highest of the four years studied.
The amount of freight carried by the for-hire transportation industry rose 0.1 percent in July from June, rising after a one-month decline.
The index outpaced August 2011 volume by 8.4 percent, the sixth time in 2012 that volume has exceeded prior-year levels.
For-hire trucking companies added 1,400 payroll jobs in August as the overall U.S. economy added 96,000 nonfarm jobs.
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