Truck Tonnage vs. S&P 500 Index The Truck Tonnage Index decreased 1.6% in June. Trucks represent 72.6% of U.S. freight and serve as a barometer of the U.S. economy. This chart shows that the U.S. stock market tends to increase in line with the physical size and expansion of the U.S. economy (R² = 0.81…
ATA Truck Tonnage Index The drop in truck tonnage indicates a decrease in demand. Image: Morgan Stanley Wealth Management
Truck Tonnage vs. Air and Rail Freight Trucks represent 70% of U.S. freight and serve as a barometer of the U.S. economy. This chart suggests that shipping has changed since the Great Financial Crisis, but is not deteriorating. Image: Arbor Research & Trading LLC