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TREND - Truck traffic falls in July
WASHINGTON, Aug 27 (WorldACD) - The amount of goods shipped by truck in the United States fell for the fourth straight month in July compared with a year ago, and market softness is expected to continue, an industry trade group said Monday.
The American Trucking Associations said its seasonally adjusted truck tonnage index fell 3.7 percent compared with July 2006.
"The weakness in the residential construction market continues to have a disproportionately larger impact on truck tonnage than the number of loads transported," ATA Chief Economist Bob Costello said in a release.
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