The American Trucking Associations announced that its advance seasonally adjusted For-Hire Truck Tonnage Index increased 2.7 percent in November, after a 0.2 percent decrease in October. The latest gain boosted the seasonally adjusted index to 106.4, its highest level in a year.
ATA calculates the tonnage index based on surveys from its membership. The company says this is a preliminary figure and subject to change in the final report issued usually on the 10th day of the month.