The snow and ice managed to disrupt the trucking business, as it did with many areas of U.S. economy.
4.3% is the decrease of the American Trucking Associations’ For-Hire Truck Tonnage Index. It was down 0.8% in December 2013 as well. The index is calculated on the basis of surveys with ATA members.
The tonnage increased by 6.3% in 2013 as a whole, which is a significant improvement from the previous year, when the increase was 2.3%
In January 2014, though, the severe winter weather impacted negatively the tonnage. It is difficult to compensate missed days of work due to hours and weight regulations. This means that the results for January will definitely be lower. Still, trucking was in good shape in between storms. This shows that the general trend is a positive one.
Category: Commercial Bonds