The April Truck Tonnage Index rebounded from a dip in March, indicating a robust freight environment, according to the American Trucking Associations.
The American Trucking Associations' advanced seasonally adjusted For-Hire Truck Tonnage Index fell by 1.1% in March to a reading of 110, down from 111.2 in February.
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 American Trucking Associations' advanced seasonally adjusted For-Hire Truck Tonnage Index increased by 3.7% overall in 2017 compared to the year before, marking its largest annual gain since 2013.