The American Trucking Assns. seasonally adjusted For-Hire Truck Tonnage Index declined 1.1% in April, the trucking lobby reported
The American Trucking Assns. seasonally adjusted For-Hire Truck Tonnage Index declined 1.1% in April, the trucking lobby reported. But that represents a 2% increase from April 2007—the sixth consecutive year-over-year increase.
ATA added that March’s index was not as negative as previously reported, falling 1.7% instead of the previously reported 3.2%, and the year-over-year reading was revised from a 0.1% contraction to a 1.5% gain.
“Truck tonnage hasn’t grown since January of this year on a month-to-month basis, suggesting the overall economy remains very soft,” said ATA chief economist Bob Costello. “With that said, the fact that tonnage is showing sustained year-over-year growth is positive for the industry, although part of the strength is due to easy comparisons from 2007.”
Truck weight isn’t the first thing that comes to mind when considering operational efficiency, hours-of-service regulations, and safety ratings, but it can affect all three.
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