tag:blogger.com,1999:blog-6616959642391988608.post7447984579292482905..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: Truck tonnage shows impressive gainsScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-6616959642391988608.post-78606359164985575062011-03-01T03:33:12.682-08:002011-03-01T03:33:12.682-08:00Actual tonnage declined in January 2011 from Decem...Actual tonnage declined in January 2011 from December 2010.<br /><br />Does anyone know what the results would have been if the ATA had not moved the base year back 5 years to 2000?Rickhttps://www.blogger.com/profile/07767085539237536998noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-419210468197428662011-02-28T16:33:40.645-08:002011-02-28T16:33:40.645-08:00Bill: oil prices do have the effect you describe, ...Bill: oil prices do have the effect you describe, but the correlation between the growth of the economy and truck tonnage is much stronger.<br /><br />Consider also that truck tonnage has increased 190% since '82, and the economy has expanded by 130%, even though real oil prices have increased significantly in the past 5 years.Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-43164913439204691042011-02-28T15:59:09.677-08:002011-02-28T15:59:09.677-08:00Scott,
Doesn't this chart also correspond wel...Scott,<br /><br />Doesn't this chart also correspond well to spikes in oil prices, ie. when oil shoots up, truck tonnage plunges? Couldn't we be on the verge of another plunge in tonnage if oil prices keep going up?Billhttps://www.blogger.com/profile/06910619601367464068noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-40376923336466969452011-02-28T15:28:24.122-08:002011-02-28T15:28:24.122-08:00BTW, there have been some braying that the CPI und...BTW, there have been some braying that the CPI understates inflation, and therefore real living standards have been falling. <br /><br />If you look at these excellent truck tonnage figures provided by Scott Grannis, tonnage has tripled since 1975. Tripled!<br /><br />Sure, we have had population growth since then, and maybe there was some switching from railroads (I don't have the stats, Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.com