AAA Daily Fuel Gauge Report for Friday, 2/5/21
National Average Price for Regular Unleaded Current: $2.456; Month Ago: $2.261; Year Ago: $2.458. National Average Price for Diesel Current: $2.677; Month Ago: $2.569; Year Ago: $2.930
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ATA Truck Tonnage Index Fell 6.3% in October
American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index decreased 6.3% in October after gaining 5.7% in September. In October, the index equaled 106.8 (2015=100) compared with 114 in September. “While there are indications that the economy is losing momentum, I believe October’s tonnage softness was more of a seasonal issue during a pandemic than anything else,” said ATA Chief Economist Bob Costello. “Typical seasonality is off this year and it was a reason why October was down so much. Not seasonally adjusted tonnage was down a fraction as much as normal over the last five years during September, leading to a big seasonally adjusted gain. However, that means October’s not seasonally adjusted tonnage grew less than half as much as it typically does, leading to a big drop in the seasonally adjusted figure. There are plenty of carriers still saying that tonnage, retail tonnage in particular, is good.”
AAA Daily Fuel Gauge Report for Friday, 07/07/2017
National Average Price for Regular – Current: $2.259; Month Ago: $2.364; Year Ago: $2.258.
National Average Price for Diesel – Current: $2.446; Month Ago: $2.508; Year Ago: $2.372.