Monday, May 31, 2010

April Trucking Gains 9.4% vs. 2009, Largest Monthly Increase Since January 2005, 5th Consecutive Gain

"The American Trucking Associations’ seasonally adjusted (SA) Truck Tonnage Index increased for the sixth time in the last seven months, gaining another 0.9% in April. This followed a 0.4% increase in March. The latest improvement put the SA index at 110.2, which is the highest level since September 2008 (see chart above). 

Compared with April 2009, SA tonnage surged 9.4 percent, which was the fifth consecutive year-over-year gain and the largest increase since January 2005. Year-to-date, tonnage is up 6% compared with the same period in 2009."

1 Comments:

At 5/31/2010 9:40 AM, Blogger Michael Meyers said...

Hi,

The headline is confusing [wrong?] as it implies the 9.4% is a monthly gain, but in reality it is a yearly gain in April.

Regards,
Michael

PS- love you blog... Thanks!

 

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