U.S. for-hire truck tonnage rose 1.4% in January, according to the latest data from the American Trucking Associations (ATA).
“Over the last four months, the tonnage index has increased a total of 3.3%, which is obviously good news,” said ATA chief economist Bob Costello.
“However, the index is still off 2.8% from the high in March as tonnage plunged 9% in April alone. I continue to expect a nice climb up for the economy and truck freight as we get more economic stimulus and increased vaccination numbers.”
Year-over-year, tonnage was down 2.1%. For all of 2020, the index was 4% below the 2019 average.
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 Profane language and content deemed to be libelous, racist, or threatening in nature will not be published under any circumstances.