Create a free Commercial Carrier Journal account to continue reading

Truck tonnage mostly flat from July to August

Ccj Logo White Headshot

Trucking news and briefs for Thursday, Sept. 21, 2023:

ATA Truck Tonnage Index August 2023ATA's Truck Tonnage Index was mostly flat in August, rising just 0.2% over July. Tonnage hauled by trucks was down 2.3% from August 2022.The American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 0.2% in August after rising 1.1% in July. In August, the index equaled 115.3 (2015=100) compared with 115 in July.

“The evidence is growing that tonnage hit bottom in April and continues its slow climb upwards,” said ATA Chief Economist Bob Costello. “However, year-over-year comparisons remain difficult as tonnage peaked in September of last year. As a result, it is unlikely that tonnage turns positive compared with a year earlier for at least a month or two longer. Most recently, freight continues to be mixed, with consumer spending and factory output flat to down.”

Compared with August 2022, the SA index fell 2.3%, which was the sixth straight year-over-year decrease. In July, the index was down 1.2% from a year earlier.

The not seasonally adjusted index, which represents the change in tonnage actually hauled by fleets before any seasonal adjustment, equaled 120.7 in August, 6.3% above the July level (113.6). ATA’s For-Hire Truck Tonnage Index is dominated by contract freight as opposed to spot market freight.

UTA TA Truck ServiceStudents enrolled in UTI's Diesel and Auto Technician Training programs will have the opportunity to apply for positions and start working for the TA Truck Service division while they are still in school.UTITravelCenters of America and the Universal Technical Institute are collaborating to provide career opportunities for diesel and auto tech students.

As part of the collaboration, students enrolled in UTI's Diesel and Auto Technician Training programs will have the opportunity to apply for positions and start working for the TA Truck Service division while they are still in school. In addition, TA will offer tuition reimbursement for qualifying employees who have graduated from a UTI program.