After four consecutive months of improving truck tonnage, the American Trucking Associations’ For-Hire Truck Tonnage Index inched down by 0.8 percent in June.
“June was one of those months where the data doesn’t quite match up with the anecdotal reports from fleets,” Bob Costello, ATA’s chief economist said in a statement. “We had heard the freight volumes were good.”
He noted that despite June’s lackluster numbers, tonnage for the quarter rose 2.3 percent when compared to the first three months of the year. The year-over-year increase for the second quarter stands at 3.2 percent.
Truck tonnage off slightly in June
