ATA Truck Tonnage Index Decreased 1.5% in June
ARLINGTON, Va., July 20, 2021 /PRNewswire/ -- American Trucking Associations' advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index decreased 1.5% in June after falling 1% in May.
- ARLINGTON, Va., July 20, 2021 /PRNewswire/ -- American Trucking Associations' advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index decreased 1.5% in June after falling 1% in May.
- "Tonnage has definitely flattened out, on average, over the last six to nine months," said ATA Chief Economist Bob Costello.
- ATA's For-Hire Truck Tonnage Index is dominated by contract freight as opposed to spot market freight.
- ATA calculates the tonnage index based on surveys from its membership and has been doing so since the 1970s.