Trucking joined several other sectors in a July slowdown that was the third pullback in the past four months, according to the latest data from the American Trucking Associations.
The trade group’s truck tonnage index fell 1.3 percent last month after accelerating a revised 2.6 percent in June.
Even the June figure was lower. ATA’s advance seasonally adjusted index of for-hire truck tonnage initially showed a 2.8 percent increase in June.
The index now stands at 114, with the year 2000 equal to 100 on the index, down from 115.5 in June. Full Story.......