Strong Economy Boosts Truck Tonnage Index 2% in January
The American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index increased 2% in January, reflecting strong economic conditions in a traditionally soft month.
by Staff
February 20, 2018
The Truck Tonnage Index gained 2% in Jan. 2018. Source: ATA
1 min to read
The Truck Tonnage Index gained 2% in Jan. 2018. Source: ATA
The American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index increased 2% in January, reflecting strong economic conditions in a traditionally soft month.
The index rebounded from December, which saw a slight decrease of 0.3%. It is up 8.8% over January 2017, beating the previous month’s 7.5% year-over year increase.
Ad Loading...
“Last month’s gain in tonnage fit with the anecdotal reports we have been hearing from fleets – that freight was solid in what is typically a softer month,” said Bob Costello, ATA chief economist. “With the economy strong, the drivers of truck freight solid, and the inventory cycle in favor of motor carriers, I expect freight tonnage to remain robust in the months ahead.”
Trucking can serve as a measurement for the U.S. economy as a whole, according to ATA, as it represents 70.6% of tonnage carried by all modes of domestic freight transportation, including manufactured and retail goods. Trucks hauled nearly 10.5 billion tons of freight in 2016 and carriers brought in $676 billion, or 79.8% of the total revenue earned by all transport modes.
CargoNet reports fewer supply chain crime events to start 2026. But losses hold steady as organized crime shifts tactics toward impersonation schemes and high-value goods.
Heavy Duty Trucking is searching for forward-looking leaders at trucking fleets as nominations for HDT’s Truck Fleet Innovators 2026. Deadline is May 15.
Cargo theft rings plant operatives as drivers inside legitimate, fully vetted carriers, then execute coordinated thefts that look like a traditional straight theft from the outside.
The American Transportation Research Institute will examine driver coaching, regulatory impacts — including the "Beyond Compliance" concept —and weather disruptions that shape trucking operations.
Fleet Advantage's Brian Antonellis says it's time for fleets to get back to the fundamentals of good maintenance practices. And that includes replacing older, inefficient equipment.
Load matching for flatbed, lowbed, oversize and overweight loads can't be automated like basic van freight, but Truckstop.com is adding more high-tech tools to help.
An expanded Trucker Path and Truckstop.com integration brings more freight opportunities into the TruckLoads app while emphasizing security and network quality.