For-hire Truck Tonnage Index, July

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The American Trucking Associations (ATA) said its seasonally adjusted for-hire truck tonnage index was unchanged in July after increasing 1.1 percent in June. The index was 4.1 percent higher than the same period a year earlier, and marked the largest year-over-year gain since February 2012. Year-to-date, compared with the same period last year, tonnage was up 3.7 percent. ATA Chief Economist Bob Costello said July’s reading reflects an economy that has lost some steam, but hasn’t stalled.

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This article originally ran in NATSO News Weekly (NNW), NATSO's member only weekly electronic newsletter. NNW is packed with the latest updates on government and business issues affecting the truckstop and travel plaza industry.

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