ATA Truck Tonnage Index Fell for First Time Since August 2005.ALEXANDRIA, Va. -- The American Trucking Associations' advanced seasonally adjusted Seasonally adjusted Mathematically adjusted by moderating a macroeconomic indicator (e.g., oil prices/imports) so that relative comparisons can be drawn from month to month all year. for-hire Truck Tonnage TONNAGE, mar. law. The capacity of a ship or vessel. 2. The act of congress of March 2, 1799, s. 64, 1 Story's L. U. S. 630, directs that to ascertain the tonnage of any ship or vessel, the surveyor, &c. Index decreased 2.5 percent in February, marking its first monthly decline since August 2005. The latest dip put the seasonally adjusted index at 115.1 (2000 = 100), which was the lowest level since September 2005. The tonnage index had increased five consecutive months totaling 3.3 percent before the February contraction contraction, in physics contraction, in physics: see expansion. contraction, in grammar contraction, in writing: see abbreviation. contraction - reduction . Compared with February 2005, the index was 0.2 percent lower. The not seasonally adjusted index dropped 4.5 percent from January to 104.1. ATA (1) (AT Attachment) The specification for IDE drives. See IDE. (2) See analog telephone adapter. ATA - Advanced Technology Attachment Chief Economist The Chief Economist is a single position job class having primary responsibility for the development, coordination, and production of economic and financial analysis. It is distinguished from the other economist positions by the broader scope of responsibility encompassing the Bob Costello said the latest decrease was the largest month-to-month month-to-month adj. referring to a tenancy in which the tenant pays monthly rent and has no lease, and the tenancy can be terminated by the landlord at any time on thirty-days notice. (See: tenancy, landlord and tenant) decline in a year. The index dropped 5.4 percent from January 2005 to February 2005. "The string of consecutive monthly increases was bound to come to an end at some point. Motor carriers have been telling us that volumes have been fair recently and our index clearly reflects that sentiment," Costello said. "We continue to believe that motor carriers should expect modest growth in volumes going forward and that the latest decrease should not alarm the industry." Trucking serves as a barometer of the U.S. economy because it represents nearly 70 percent of tonnage carried by all modes of domestic freight transportation, including manufactured and retail goods. Trucks hauled 9.8 billion tons of freight in 2004. Motor carriers collected $671 billion dollars, or just under 88 percent of total revenue earned by all transport modes. ATA calculates the tonnage index based on surveys from its membership and has been doing so since the 1970s. This is a preliminary figure and subject to change in the final report issued around the tenth day of the month. The report includes month-to-month and year-over-year results, relevant economic comparisons, and key financial indicators. The American Trucking Associations is the largest national trade association for the trucking industry. Through a federation of other trucking groups, industry-related conferences, and its fifty affiliated state trucking associations, ATA represents more than 37,000 members covering every type of motor carrier in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . Note to Editors: A graph is available at www.Truckline.com. |
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