The American Trucking Assns. seasonally-adjusted for-hire truck tonnage index decreased 0.9% in September
Oct. 28, 2008
The American Trucking Assns. seasonally-adjusted for-hire truck tonnage index decreased 0.9% in September, the trucking lobby announced. This marks the third consecutive month-to-month drop, as the index fell 1.6% in August and 0.9% in July.
While the September 2008 index is 0.8% higher than September 2007, it has fallen to its lowest level since October 2007, and ATA chief economist Bob Costello said the recent decreases in truck tonnage are consistent with a recession.
“I anticipate truck freight volumes to continue to fall before they improve,” Costello said. “It is a tough freight market, and there is nothing on the horizon that says this will change anytime soon.”
Leaders of Brakebush Transportation, a century-old family business, share some of their innovative strategies and deep commitments to drivers that earned their operation FleetOwner...
By extending asset life cycles strategically, organizations can mitigate financial risks associated with fleet management while maintaining operational efficiency.
