U.S. truck tonnage up in October: ATA
ARLINGTON, Va. – U.S. for-hire truck tonnage increased 3.3% in October, and was up 9.9% year-over-year, according to the For-Hire Truck Tonnage Index from the American Trucking Associations (ATA).
That marked the largest year-over-year increase since December 2013, ATA reports. Year-to-date through 10 months, the index is up 3.1% compared to the same period last year.
Truck tonnage in September declined a revised 1.9% from the previous month.
“Continued improvement in truck tonnage reflects a much stronger freight market,” said ATA chief economist Bob Costello. “This strength is the result of several factors, including consumption, factory output, construction and improved inventory levels throughout the supply chain. Additionally, the 6.7% rise in tonnage over the last four months suggests to me that retailers are expecting a good holiday spending season.”
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 Profane language and content deemed to be libelous, racist, or threatening in nature will not be published under any circumstances.
NEVER EVER believe ANYTHING the ATA says, if tgey claim it will benefit the individual driver. the ATA a has never been about the driver. they would just a soon see all owner operators and small companies dissapear. it is all about the big companies. trucking everywhere would benefit WITHOUT the ATA. i started driving in 1973. ran less miles and made more money, per mile then, than now. pity gov’t and big business can’t just leave the little guy alone. hey i have an idea! put time constraints and eld’s on all those big motor homes that no one is trained to drive! ha! go ahead…try that!! y’all have a good day!
I’ve been driving for 35 years accident-free
E-logs will not work