Transport Topics (April 20, 2022)
March truck tonnage rose 3.8% compared with year-ago levels, and also posted a first-quarter gain over the same period in 2021, American Trucking Associations reported. The ATA For-Hire Truck Tonnage Index for March reached 118.8, compared with 106.8 in March 2021. Year-to-date, tonnage is up 2.6% compared with the first quarter of 2021. On a month-to-month basis, the index was 2.4% higher than the 116.1 recorded in February of this year. ATA Chief Economist Bob Costello noted that the March result marked the seventh straight month of annual gains and was the largest across that stretch.