The American Trucking Associations (ATA) reported this week that its Truck Tonnage Index decreased 2.1 percent in April, following a 4.4 percent drop during March.
“After having an abnormally large seasonally adjusted gain in February, tonnage fell in April, in addition to the large drop in March,” said ATA Chief Economist Bob Costello. “However, while freight remained soft in April, based on other economic indicators, the outlook for tonnage is a little better than just a couple of months ago.” READ MORE
