The American Trucking Associations’ advanced, seasonally adjusted, for-hire Truck Tonnage Index fell 0.9 percent in April 2005. The index dropped to 114.3, marking the third consecutive monthly reduction. In March, the index fell a revised 0.2 percent.
The index in April was 0.3 percent lower than a year earlier, its first year-over-year decrease since November 2001. In March, the index was 2.9 percent higher than in March 2004. On a not-seasonally adjusted basis, the tonnage index decreased 4.9 percent from March to 114.8.
Year-to-date, the TTI has increased 3.7 percent, compared with a year earlier. The index increased 5.7 percent in 2004.