All America Auto Transport   free spacer image
Free spacer image
Auto transport homeCar transport quoteCar shipping order formWhy choose usVehicle transport FAQCheck the factsCar shipper contract termsOverseas vehicle shippingUseful ResourcesAuto transport contact us Free spacer image
Free spacer image

Archives

 
AAAT Blog News
 

Auto Transport >> Transport Blog

Thursday, October 27, 2011

Freight levels rebound in U.S. trucking industry

According to the data from the American Trucking Associations (ATA), analysts believe that the U.S. economy may still steer clear of a second recession because of the rebound in freight levels during September.

Trucking industry in U.S
ATA’s truck tonnage index increased 1.6% in September which is comparatively higher than August.

ATA Chief Economist Bob Costello says that "Tonnage may show that we are in a weak growth period for the economy but not on our way to recession."

He also added up by saying "Prior to the two previous recessions, truck tonnage was plummeting, but not this time".

When comparing this ratio with September 2010, the index was up 6 percent in approx. Trucking holds 67.2 percent of tonnage in U.S for all sort of domestic freight transportation.

In the year 2010, trucks shipped around 9 billion tons of freight and earned $563.4 billion which yields more than 81 percent of the total revenue for all modes of transportation.

Labels:

posted by All America Auto Transport @ 12:15 AM permanent link  

Bookmark and Share

0 Comments:

Post a Comment

Subscribe to Post Comments [Atom]

Links to this post:

Create a Link

Older Posts Newer Posts


Previous Posts

 
Free image Free spacer image
Copyright © 2010 All America Auto Transport , All Rights Reserved.
Free spacer image
Free image Free spacer image