ATA Truck Tonnage Increased 3.3% in 2019
Posted - January 27, 2020Truck tonnage for 2019 increased 3.3%, softer than year-ago levels but continuing a streak of annual gains, American Trucking Associations announced Jan. 21.
For December, the index rose 3% to 118.2 from a year ago. On a sequential basis, the seasonally adjusted index rose 4% in December after falling 3.4% in November.
Up 4% in Dec. 2019 Up 3.3% in all of 2019
ATA Truck Tonnage Index Increased 3.3% in 2019https://www.trucking.org/article/ata-truck-tonnage-index-increased-3.3-percent-in-2019
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“The sense of a lackluster but stable freight market coupled with a weak but stable utilization picture translates into freight rates that probably won’t move much” this year, said FTR Vice President of Trucking Avery Vise during the company’s Jan. 16 State of Freight webinar.
DAT said lower volumes rarely mean lower rates in the last month of the year.