American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 6.7% in September after declining 5.3% in August. In September, the index equaled 115.1 (2015=100) compared with 107.9 in August. “September had a nice recovery after a significant decline in August,” said ATA Chief Economist Bob Costello. “The truck freight market continues to be bifurcated, with strength in retail and home construction, but some continued weakness in industrial freight. During the third quarter, truck tonnage increased 2.4% over the second quarter, but fell 5.3% from a year earlier.” August’s decrease was revised up to -5.3% from our September 22 press release.
National Average Price for Regular Unleaded Current: $3.491; Month Ago: $3.228; Year Ago: $3.413. National Average Price for Diesel Current: $4.665; Month Ago: $4.679; Year Ago: $3.757.