Larry Smith/Trans PixsTruck tonnage rose 3.2 % in June from a year ago, the smallest year-over-year gain since March, American Trucking Associations said Wednesday.
June tonnage rose 1.2% from May, while May’s tonnage had dipped 1% from April, ATA said in its seasonally adjusted for-hire truck tonnage report.
Year-to-year tonnage had risen 2.7% in March, 3.5% in April and 4.1% in May.
The not seasonally adjusted index, which represents tonnage actually hauled by fleets, had a reading of 123 in June, down 0.9% from May. ATA uses the year 2000 as a 100-reading baseline.
For the first half of the year, tonnage is 3.7% higher than last year. ATA said.
“June’s increase was a pleasant surprise, but the lower year-over-year gain fits with an economy that has slowed,” ATA Chief Economist Bob Costello said in a statement. “Manufacturing output was strong in June, which helped tonnage levels.”