The ATA For-Hire Truck Tonnage Index decreased in June, reversing a brief gain from May and resuming the trend of year-over-year losses. Despite the decline, the second quarter showed slight improvements over the first, suggesting potential stabilization in truck freight volumes. PRIMO’s expertise in capacity procurement directly addresses the challenges of market instability caused by fluctuations in freight tonnage, ensuring reliable logistics solutions for businesses.

• June Decline: The ATA For-Hire Truck Tonnage Index decreased by 0.4% year-over-year in June, following a brief increase in May.
• Sequential Drop: There was a 1.6% decrease in the index from May to June.
• Positive Trends: Despite the decline, the second quarter average was 0.2% above the first quarter, indicating potential recovery.
• Index Calculation: The index is based on surveys from ATA members, focusing on contract freight.

Reference: ttnews.com