US truck tonnage up for fourth straight month: ATA

Avatar photo

ARLINGTON, Va. — US for-hire truck tonnage rose 0.6% in February after increasing 1% in January, according to the latest figures from the American Trucking Associations (ATA). The 1% gain in January was revised down from a 2.4% increase the ATA reported Feb. 19. Tonnage has now increased for four straight months, an event which hasn’t happened since late 2011. Over the last four months, tonnage gained a total of 7.7%.

Compared with February 2012, tonnage was up 4.2%, just below January’s 4.6% year-over-year gain. Year-to-date, compared with the same period in 2012, tonnage is up 4.4%. In 2012, tonnage increased 2.3% from 2011.

“Fitting with several other key economic indicators, truck tonnage is up earlier than we anticipated this year,” said ATA chief economist Bob Costello. “While I think this is a good sign for the industry and the economy, I’m still concerned that freight tonnage will slow in the months ahead as the federal government sequester continues and households finish spending their tax returns. A little longer term, I think the economy and the industry are poised for a more robust recovery.”

Avatar photo

Truck News is Canada's leading trucking newspaper - news and information for trucking companies, owner/operators, truck drivers and logistics professionals working in the Canadian trucking industry.


Have your say


This is a moderated forum. Comments will no longer be published unless they are accompanied by a first and last name and a verifiable email address. (Today's Trucking will not publish or share the email address.) Profane language and content deemed to be libelous, racist, or threatening in nature will not be published under any circumstances.

*