Transport Topics (June 23, 2021)
Truck tonnage rose 3.7% in May compared with year-ago levels, and is pacing well against comparisons to the early months of the coronavirus pandemic, according to American Trucking Associations’ For-Hire Truck Tonnage Index. Through the first five months, the index is up 0.4% compared with 2020. ATA Chief Economist Bob Costello said that freight will remain strong in the near term, but the industry is facing some significant challenges, such as difficulty finding qualified drivers.