TT file photo
Truck tonnage increased 1% in November, bouncing back from the first year-over-year decline in three years, American Trucking Associations said Tuesday.
Tonnage rose 3.7% in November from October, following a 3.7% month-to-month drop the previous month, ATA said in its monthly seasonally adjusted for-hire truck tonnage report.
Tonnage is up 2.8% year-to-date compared with the same period last year. October’s year-over-year decline was 2.1%.
The not seasonally adjusted index, which represents tonnage actually hauled by fleets, fell 6.5% in November from October to a 115.7 reading. ATA uses the year 2000 as a 100-reading baseline.
Hurricane Sandy affected both October’s and November’s tonnage readings, but a boost to flatbed tonnage is expected from areas rebuilding after the storm, ATA Chief Economist Bob Costello said in a statement.