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Aug 27, 2008

STATISTICS * USA - ATA Tonnage Index Falls in July

USA -TruckingInfo -27 Aug 2008: -- The American Trucking Associations' advanced seasonally adjusted For-Hire Truck Tonnage Index decreased 0.3 percent in July, marking the first month-to-month drop since April... ATA Chief Economist Bob Costello said July's tonnage reading matched several anecdotal reports from motor carriers that freight was softer in July than the previous month. Costello cautioned that truck tonnage could be volatile in coming months because the economy is expected to further soften before improving. However, slight declines in fuel prices and tightening capacity could help offset softer freight volumes...

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