According to the latest release from the American Trucking Associations, the advanced seasonally adjusted (SA) For-Hire Truck Tonnage
This back-to-back increase was the best of gain of 2012.
For all of 2012, tonnage was up 2.3%. In 2011, the index increased 5.8%.
But not all the news was bullish: compared with December 2011, the index was off 2.3 percent — the worst year-over-year result since November 2009.
And the numbers are likely to continue to dip in the short-term as a result of new taxes, ATA Chief Economist Bob Costello said in the the association's statement.
As paychecks shrink for all households due to higher taxes, I’m expecting a weak first quarter for tonnage and the broader economy. Since
Here's a historical look:
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