ATA Truck Tonnage Index Fell 1% in July
Trucking activity in the United States decreased 1% in July after rising 1.5% in June, according to the American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index.
“Tonnage levels have been choppy recently, and this trend was reflected in July’s decline,” said ATA Chief Economist Bob Costello. “Aside from a couple pockets of strength, including the boom in data center construction for AI, freight has been lackluster. It is also true that the industry is seeing a recovery, but that is nearly all due to excess capacity leaving the market.”
In July, the ATA advanced seasonally adjusted For-Hire Truck Tonnage Index equaled 113.5, down from 114.7 in June.
ATA Truck Tonnage Index Fell 1% in July | American Trucking Associations