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April truck tonnage drops to lowest level since 1994, reports ATA

The ATA’s advanced seasonally-adjusted (SA) For-Hire Truck Tonnage Index for April—at 104.9 (2015=100)— fell 12.2%, following a 0.4% March gain, which was downwardly revised from an initial reading of a 1.2% increase. This came on the heels of a 1.8% February gain over January, which came in at 119. On an annual basis, the April SA reading was off 113%, which ATA said represents the largest annual decline going back to April 2009. March’s annual SA decline, by comparison, was 3.5%, and on a year-to-date basis through April SA tonnage is down 1.3%.
Source: logistics Mgmt

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