Best 2290 eFile

ATA recently revised the seasonally adjusted index back five years as part of its annual revision. “Over the last two months, the tonnage index has increased 0.6%, which is obviously good news” said  ATA Chief Economist Bob Costello . “However, after our annual revision, it is clear that tonnage peaked in July 2019 and, even with the recent gains, is down 1.8% since then. Softness in manufacturing and elevated inventories continue to weigh on the truck freight tonnage.”  Compared with January 2019, the SA index rose 0.8%, which was preceded by a 3.1% year-over-year gain in December. In 2019, the index was 3.3% above 2018.  The not seasonally adjusted index, which represents the change in tonnage actually hauled by the fleets before any seasonal adjustment, equaled 114.6 in January, 1.1% above the December level (113.3). In calculating the index, 100 represents 2015.  Note: ATA’s tonnage data is dominated by contract freight.  Trucking serves as a baro...

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