Truck Tonnage: Could Be Better, Could be Worse
ARLINGTON, VA -- For-hire truck tonnage moved in the U.S. recovered somewhat in May while the decline the month before was cut by just over half. According to the American Trucking Associations' seasonally adjusted For-Hire Truck Tonnage Index, activity increased 1.1% last month following a revised decline of 1.4% in April, first reported as a 3% drop.
U.S. For-Hire Truck Tonnage Softens
ARLINGTON, VA -- The amount of for-hire truck freight moved in the U.S. fell in April to its lowest level in a year, according to the American Trucking Associations. Its seasonally adjusted For-Hire Truck Tonnage Index declined 3% from the month before following a revised gain of 0.4% in March. The April index reading of 128.6 is the lowest level since April 2014. The all-time high of 135.8 was reached in January 2015.