We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.
  • ::COVID-19 COVERAGE::
  • INDUSTRY PRESS ROOM
  • SUBMISSIONS
  • MEDIA FILE
  • Create Account
  • Sign In
  • Sign Out
  • My Account
Free Newsletters
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
  • STRATEGY
  • GLOBAL
  • LOGISTICS
  • MANUFACTURING
  • PROCUREMENT
  • VIDEO
    • News & Exclusives
    • Viewer Contributed
    • Upload your video
  • PODCAST ETC
    • Podcast
    • White Papers
    • Webcasts
    • Events
    • Blogs
      • Reflections
      • SCQ Forum
    • Mobile Apps
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
  • STRATEGY
  • GLOBAL
  • LOGISTICS
  • MANUFACTURING
  • PROCUREMENT
  • VIDEO
    • News & Exclusives
    • Viewer Contributed
    • Upload your video
  • PODCAST ETC
    • Podcast
    • White Papers
    • Webcasts
    • Events
    • Blogs
      • Reflections
      • SCQ Forum
    • Mobile Apps
Home » Truck tonnage up slightly in October

Truck tonnage up slightly in October

Trucks hauled more freight despite constrained supply, with a 0.4% sequential gain in October and a nearly 2% year-over-year increase, ATA says.

Screen-Shot-2021-11-24-at-9.28.00-AM.png
November 24, 2021
Supply Chain Quarterly Staff
No Comments
U.S. trucks hauled slightly more freight in October than September, according to the monthly For-Hire Truck Tonnage Index from the American Trucking Associations (ATA), released this week. ATA’s seasonally adjusted index rose 0.4% in October following a 2.2% increase in September. The index was up 1.8% compared to October 2020, the largest year-over-year gain since May.

ATA’s Chief Economist Bob Costello credited solid retail sales, inventory rebuilding, and generally higher factory output for the gains, saying they offset softer growth in other areas, including home construction.

“Economic growth remains on solid footing, which is good for truck freight volumes going forward,” Costello said in a press statement. “The largest problem for the industry isn’t the amount of demand, but making sure we have adequate supply. It is good to see that fleets were able to haul more tonnage in recent months in the face of constrained supply.”

October’s not seasonally adjusted index, which represents the change in tonnage actually hauled by fleets before any seasonal adjustment, was 2.6% above the September level.

ATA says its monthly For-Hire Truck Tonnage Index is dominated by contract freight as opposed to spot market freight. The index is calculated from surveys of ATA members.
Trucking
KEYWORDS ATA - American Trucking Associations
  • Related Articles

    Truck tonnage up 0.6% in January

    Truck tonnage up 2.4% in September

    CBRE: logistics real estate supply ticked up slightly in second quarter

Recent Articles by Supply Chain Quarterly Staff

Safety experts to headline National Forklift Safety Day 2022 program on June 14

FedEx and Aurora expand autonomous trucking pilot

Report: Chaotic peak shipping season ahead

You must login or register in order to post a comment.

Report Abusive Comment

Most Popular Articles

  • Logistics pros warn of business impact from Russia-Ukraine war

  • Container prices continue to drop

  • How to resolve your inventory dilemma

  • Warehouse vacancy rates sink to 27-year low

  • Empty shipping containers stack up at U.S. port depots

Featured Video

Cccb7d13 710a 4473 8132 da8b6cc286f1

The Sportsman's Guide Case study: Increasing Accuracy & Productivity

Viewer Contributed
Thanks to the Lucas Warehouse Optimization Suite, The Sportsman's Guide has increased productivity, reduced training time, and experienced a boost in accuracy for both full-time staff and seasonal employees. Want to learn how Lucas can help your DC be more efficient, accurate, and safe while reducing labor costs?...

FEATURED WHITE PAPERS

  • Omnitracs One – Last Mile Solutions

  • The enterprise shipper's guide to building a smarter truckload RFP

  • Fixed vs. Flexible Automation: Which Option is Better for 3PLs?

  • Enhancing Relationships in Logistics through Data & Collaboration

View More

Subscribe to Supply Chain Quarterly

Get Your Subscription
  • SUBSCRIBE
  • E-NEWSLETTERS
  • ADVERTISING
  • CUSTOMER CARE
  • CONTACT
  • ABOUT
  • STAFF
  • PRIVACY POLICY

Copyright ©2022. All Rights ReservedDesign, CMS, Hosting & Web Development :: ePublishing