American Trucking Associations
tonnage

Truck tonnage jumps in June

July 25, 2018
For-hire index finishes first half of 2018 up 7.9% from year ago

Truck tonnage in June was 7.8% higher than a year ago, and finished the first half of 2018 up 7.9%.

American Trucking Associations reported the seasonally adjusted for-hire tonnage index was 113 for June, down 0.4% from May. However, the six-month figured far surpassed the 3.8% gain in 2017.

“In the second quarter, we saw the tonnage index jump 1.8% from the previous quarter and 8.4% from a year earlier,” said ATA Chief Economist Bob Costello. “This robust growth fits with what is likely to be a very strong [gross domestic product] reading for the second quarter. I expect the growth in tonnage to moderate, but remain at very high levels in the months ahead.”

The not seasonally adjusted index, which represents the change in tonnage actually hauled by the fleets before any seasonal adjustment, equaled 116.3 in June, which was 1.1% below the previous month.

In a separate report, DAT said spot truckload rates fell during the week ended July 21, as the overall number of loads posted on DAT load board fell 5.5% and capacity increased 1.3%.
 

About the Author

Neil Abt

Neil Abt, editorial director at Fleet Owner, is a veteran journalist with over 20 years of reporting experience, including 15 years spent covering the trucking industry. A graduate of American University in Washington, D.C., he began his career covering sports for The Washington Post newspaper, followed by a position in the newsroom of America Online (AOL) and then both reporting and leadership roles at Transport Topics. Abt is based out of Portland, Oregon.

Voice your opinion!

To join the conversation, and become an exclusive member of FleetOwner, create an account today!

Sponsored Recommendations

Leveraging telematics to get the most from insurance

Fleet owners are quickly adopting telematics as part of their risk mitigation strategy. Here’s why.

Reliable EV Charging Solution for Last-Mile Delivery Fleets

Selecting the right EV charging infrastructure and the right partner to best solve your needs are critical. Learn which solution PepsiCo is choosing to power their fleet and help...

Overcoming Common Roadblocks Associated with Fleet Electrification at Scale

Fleets in the United States, are increasingly transitioning from internal combustion engine vehicles to electric vehicles. While this shift presents challenges, there are strategies...

Report: The 2024 State of Heavy-Duty Repair

From capitalizing on the latest revenue trends to implementing strategic financial planning—this report serves as a roadmap for navigating the challenges and opportunities of ...