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ATA: Truck tonnage dipped in November

The American Trucking Associations (ATA) for-hire truck tonnage index plunged 0.9 % in November, after increasing 1.8 % during October, mostly due to declines in production and energy sector activity combined with “& ldquo; an excess & rdquo; of stocks, according to Bob Costello, the company & rsquo; s primary economist discussed. “& ldquo; Tonnage gave back half of the gain in October highlighting weakness in factory output and brand-new fracking activity, along with a glut of stocks throughout the supply chain” & rdquo; Costello stated in a statement. & ldquo; With year-over-year gains averaging just 1.2 % over the last 3 months, there has been a clear deceleration in truck tonnage.” & rdquo; Popular NowU.S. fuel prices continue fallingTranscraft debuts new low-deck trailer, improvements to Benson 524 flatbedCVSA provides online air-brake training Compared to November 2014, the tonnage index is up 0.2 %, though that is the smallest year-over-year gain since February 2013. Year-to-date through November, compared to the very same period last year, tonnage is up 2.7 %, Costello kept in mind. In a separate credit report, Lindsey Piegza –– primary economic expert at Stifel Fixed Income –– noted that existing house sales fell a “& ldquo; tremendous & rdquo; 10.5 % in November, considerably more than anticipated, with year-over-year home sales down nearly 4 %. New home building likewise declined from a 5.32 million to a 4.76 million system develop pace –– the slowest speed given that April 2014, she included. “& ldquo; For the second successive month, existing house sales have actually slowed, falling listed below a 5 million device rate for the very first time considering that February,” & rdquo; Piegza stated in a statement. “& ldquo; At this point, with momentum in home sales subsiding, will a rising rate environment even more intensify a slowdown in activity? After all, higher rates will eventually translate into higher financing expenses for the consumer.” & rdquo; Looking ahead, ATA’& rsquo; s Costello kept in mind the he “& ldquo; remains worried” & rdquo; about the high level of in …
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Fleet/ Heavy Diesel Truck Upkeep Supervisor

Bison Worldwide Logistics, Inc is a complete trucking company that runs all 48 states with a terminal in Austin, DFW area and in San Antonio. We are …
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