Freight 6.1 percent ahead of 2009

user-gravatar

Truck tonnage rose from September to October, the American Trucking Associations says. The measurement also rose when adjusted for seasonal factors. Both increases were less than 1 percent.

Year-to-date through October, seasonally adjusted tonnage is up 6.1 percent compared with the same period in 2009. 

“October tonnage levels were at the highest level in three months, even after accounting for typical seasonal shipping patterns,” says ATA Chief Economist Bob Costello. “These gains fit with reports out of both the manufacturing and retail sectors and show there is a little bit of life in this economic recovery.”

The Business Manual for Owner-Operators
Overdrive editors and ATBS present the industry’s best manual for prospective and committed owner-operators. You’ll find exceptional depth on many issues in the 2021 edition of Partners in Business.
Download
Partners in Business Issue Cover