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ATA's truck tonnage index in US is up 1.8pc in February
来源： 编辑：编辑部 发布：2020/04/01 14:15:43
THE American Trucking Associations' advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index increased by 1.8 per cent in February after dipping 0.3 per cent in January. In February, the index equalled 119.1 compared with 116.9 in January.
"Before any impacts from Covid-19, truck tonnage had a solid month in February," said ATA chief economist Bob Costello in a report by AJOT. "Last month, solid housing starts, high levels of retail sales, and even a modest improvement in manufacturing activity all helped freight volumes.
"With truck tonnage up nicely from a year earlier in February, the trucking industry was in a fairly good place before economic impacts hit from the health crisis. Trucking volumes, early in the Covid-19 emergency, will be positive for consumer staples and other commodities before we see a slowdown as the economy contracts in the second quarter," he said.
Compared with February 2019, the seasonally adjusted index was up 2.6 per cent, which was preceded by a 0.4 per cent year-on-year gain in January. During the first two months of the year, the index rose 1.5 per cent compared with the same period last year. In 2019, the index was 3.3 per cent above 2018.
"Before any impacts from Covid-19, truck tonnage had a solid month in February," said ATA chief economist Bob Costello in a report by AJOT. "Last month, solid housing starts, high levels of retail sales, and even a modest improvement in manufacturing activity all helped freight volumes.
"With truck tonnage up nicely from a year earlier in February, the trucking industry was in a fairly good place before economic impacts hit from the health crisis. Trucking volumes, early in the Covid-19 emergency, will be positive for consumer staples and other commodities before we see a slowdown as the economy contracts in the second quarter," he said.
Compared with February 2019, the seasonally adjusted index was up 2.6 per cent, which was preceded by a 0.4 per cent year-on-year gain in January. During the first two months of the year, the index rose 1.5 per cent compared with the same period last year. In 2019, the index was 3.3 per cent above 2018.