US: ATA freight index declines 0.7% in May

The American Trucking Associations' advanced seasonally adjusted For-Hire Truck Tonnage Index decreased 0.7% month-on-month in May after falling 1.1% in April. Although the latest decline lowered the index to 117.8 (2000=100), down from April's level of 118.7, compared with May 2011 the index was 4.1% higher, the largest year-on-year increase since Subscribe to Automotive World … Continued

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• June 20, 2012