ATA Truck Tonnage 7.1% August Gain

American Trucking Association’s seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 7.1% in August, following a 0.5% gain during July. In August, the index equaled 149 (2000=100), up from 139.1 in July.

“Tonnage was stronger than most other economic indicators in August and more than I would have expected,” Bob Costello, the ATA chief economist, said. “However, prep work for the hurricanes and better port volumes likely gave tonnage an added boost during the month.

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