October truck tonnage readings are mixed, reports ATA

The ATA’s advanced Seasonally Adjusted (SA) For-Hire Truck Tonnage Index, for October, came in at 116.3 (2015=100), down 2.3% compared to September’s 119.1, which was upwardly revised from an original reading of 118.8. The October SA reading rose 2.8% annually, marking its 14th consecutive annual monthly gain, albeit its smallest gain going back to April. This annual gain was below September’s 5.7% annual gain, and on a year-to-date basis through October, SA tonnage is up 3.9%.
Source: logistics Mgmt