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After dropping 1% in May, the American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index increased 8.7% in June, equaling 115.3 compared with 106.1 in May.
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While FTR’s Trucking Conditions Index reading for May made a comeback from a “worst-ever” level in April to a reading of -5.19, it is still not doing well from a historical perspective.
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The combination of generating $791.7 billion in revenue and moving 11.84 billion tons of freight in 2019 adds up to trucking being the dominant freight mode, according to ATA American Trucking Trends 2020, the latest edition of American Trucking Associations’ annual data compendium.
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The American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index only decreased 1% in May to 106.1 after falling 10.3% in April to 107.2.
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Newly released research by the American Transportation Research Institute (ATRI) verifies that the number of large verdicts against trucking fleets, as well as the size of the awards, has increased dramatically.
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It’s now your last chance to tell HDT how the reopening of the country is affecting your fleet.
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While May’s Cass Freight Index showed some improvement in activity over the previous month, the index for both shipments and expenditures came in 20% below May 2019.
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A recent CK Commercial Vehicle Research (CKCVR) focus group report shows both for-hire and private fleets are not feeling extremely confident in the current state of the commercial trucking industry.
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Help us track how COVID-19 is affecting our fleet readers by completing this survey.
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The American Transportation Research Institute and the Owner-Operator Independent Driver Association Foundation have released research on the impacts of the COVID-19 pandemic on all aspects of trucking operations.
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