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ATA Truck Tonnage Index Rose 2.9% in January

Today, Chief Economist Bob Costello announced that the ATA advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index rose 2.9% in January

Compared with January 2016, the SA index increased 2.6%. In December, the index fell 0.2% on a year-over-year basis. For all of 2016, tonnage was up 2.5%.

 “The freight economy is starting to show some signs of life and January’s truck tonnage numbers are a good step forward,” Costello said in a press release. “Hopefully the ups and downs in truck tonnage during 2016 will not be as pronounced in 2017.

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