In may, the trucking industry recorded a 3.6% increase in tonnage, the first year-over-year gain in 15 months, according to the American Trucking Associations. This uptick suggests a potential beginning to recovery in the truck freight market. As more tonnage leads to tighter capacity, PRIMO’s advanced capacity utilization strategies across full truckload (FTL) services help maintain cost efficiency for businesses relying on freight services.
ATA Tonnage Index Sees Uptick.

• Tonnage Turnaround: The ATA For-Hire Truck Tonnage Index rose to 115.9 in May, marking a 1.5% year-over-year increase—the first in 15 months.

• Economic Indicators: Experts like Dale Rogers and Rajeev Dhawan provide insights into the economy’s direction, noting mixed signals and cautioning against premature optimism.

• Freight Market Analysis: The Cass Freight Index showed a 5.8% decrease in shipments year-over-year, highlighting the complexities of the current freight market recovery.

• Industry Outlook: Despite some positive signs, the discrepancy between tonnage and shipment indices suggests a need for cautious interpretation of the data.

Reference: ttnews.com