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Truck tonnage in June slipped 0.8% when measured against the same month in 2022, the fourth straight year-over-year decline, according to American Trucking Associations.

U.S. Class 8 retail sales in June rose 7.7% compared with the year-ago period, but slid marginally compared with May, according to Wards Intelligence.

Truck tonnage in May continued its downward year-over-year trend, dipping 1.3% when measured against the same month in 2022.

A tentative six-year agreement has been reached between the Pacific Maritime Association and the 22,000-member International Longshore and Warehouse Union.

U.S. Class 8 retail sales in May rose 16.4% from a year ago and also saw a month-to-month gain, Wards Intelligence reported.

Truck tonnage in April fell on both an annual and month-to-month basis as freight activity remains slow, American Trucking Associations said May 23.

U.S. Class 8 retail sales in April increased 19.4% from a year ago but declined on a month-to-month basis, Wards Intelligence reported.

U.S. Class 8 retail sales in March jumped 21.9% from a year ago and also exceeded the prior month, Wards Intelligence reported.

Truck tonnage experienced its steepest declines since 2020 amid slowdowns across multiple sectors, American Trucking Associations announced.

FedEx Corp. will combine nearly all of its ground, air and other operations by June 2024 as part of a $4 billion cost-cutting initiative, the company announced April 5.