ARLINGTON, Va. –US truck tonnage rose 0.9% in April, marking the sixth increase in the last seven months, the American Trucking Associations reported.
The ATA’s Truck Tonnage Index now sits at its highest point since September, 2008. Overall, US truck tonnage is up 6.5% over the past seven months.
April’s tonnage was up 9.4% compared to last April, the fifth straight month of year-over-year gains and the largest y-o-y increase since January 2005. Tonnage is up 6% year to date compared to the same period of 2009.
“Truck tonnage volumes continue to improve at a solid, yet sustainable, rate. Tonnage is being boosted by robust manufacturing output and stronger retail sales,” reported ATA chief economist Bob Costello. “For most fleets, freight volumes feel better than reported tonnage because the supply situation, particularly in the truckload sector, is turning quickly.”
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. All posts by Truck News