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Truck tonnage rose 2.4% in September from the same month last year, the smallest year-over-year gain in almost three years, American Trucking Associations said Tuesday.
Tonnage rose 0.4% from August, following a 0.9% month-to-month drop in August from July, ATA said in its monthly seasonally adjusted for-hire truck tonnage report.
The not seasonally adjusted index, which represents tonnage actually hauled by fleets, fell 9% in September from August, to a reading of 115.3. ATA uses the year 2000 as a 100-reading baseline.
August’s tonnage level had improved 3.2% year-over-year, and September’s year-over-year increase was the smallest since December 2009.
Year to date, tonnage is up 3.6% over last year, and the September reading matched January’s, so the index has been on a flat trend-line over the past nine months, ATA said.