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Jun 20, 2012

TRUCKING STATISTICS * USA

* Virginia - For-Hire Truck Tonnage Slips 0.7 Percent in May 

Arlington,VA,USA -The Journal of Commerce Online, by Mark Szakonyi -Jun 19, 2012: -- Volume decrease from April reflects slowing, not stalling, economy... For-hire truck tonnage fell 0.7 percent in May from April but grew at a slightly brisker pace on a year-over-year basis, 4.1 percent, reflecting a slowing, not stalling, of economic growth... The month-to-month drop was the second in a row, as tonnage dipped 1.1 percent in April from March and rose 3.5 percent year-over-year. In the first five months of 2012, the American Trucking Associations, For-Hire Truck Tonnage Index was 3.8 percent higher than in the same period a year ago... ATA, Chief Economist, Bob Costello, expects tonnage growth between 3 percent and 3.9 percent this year...

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