Truck tonnage in February was up nearly 6% compared with February 2017, according to American Trucking Associationsā monthly for-hire truck tonnage index. Tonnage is up 7.1% year-to-date, compared with the same two months in 2017.
March 20, 2018Bob Costello News Updates
Follow Bob Costelloās insights and commentary on trucking and logistics with Transport Topics. As Chief Economist of the American Trucking Associations, Costello provides expert analysis on market trends, regulatory impacts and economic factors influencing freight transportation. Stay informed with Transport Topics for authoritative updates and perspectives that shape the future of trucking and supply chain management.
Tonnage Rise Pushes Spot Rates Higher
Truck tonnage rose 8.8% in January on a year-over-year basis, according to American Trucking Associationsā monthly for-hire truck tonnage index.
February 21, 2018Trucking Market Strongest Since Deregulation, ATA Economist Bob Costello Says
NASHVILLE, Tenn. ā The freight market is as strong as it has been since deregulation in the 1980s, according to American Trucking Associations Chief Economist Bob Costello.
February 14, 2018Truck Tonnage Surges 7.6% in November
Truck tonnage surged 7.6% year-over-year in November after a 10.5% increase in October, according to American Trucking Associations.
December 19, 2017ATA Tonnage Index Jumps 8.2% in August
Truck tonnage took a healthy 8.2% step up in August, perhaps driven by hurricane preparation work and port shipping, American Trucking Associations said Sept. 19.
September 19, 2017āAmerican Truck Trendsā Quantifies Size of Industry
U.S. trucks moved more than 70% of the nationās freight last year, and the companies that owned those vehicles employed 7.4 million people, according to a new publication from American Trucking Associations.
August 16, 2017ATA Forecasts 2.8% Freight Growth for 2017, 3.4% Rise Through 2023
American Trucking Associations predicts that freight volumes will grow 2.8% this year and then 3.4% per year through 2023,
July 19, 2017ATA's Bob Costello: Better Year in Store for Trucking
NASHVILLE, Tenn. ā After the trucking industry endured what he termed āa freight recessionā last year, American Trucking Associations' chief economist, Bob Costello, predicts a rosier 2017.
February 24, 2017Better Roads Could Help Fleets Keep Drivers by Improving Productivity, ATAās Costello Says
NASHVILLE, Tenn. ā Federal officials should focus more on efforts to reduce traffic congestion along the countryās main roadways, a move that would help retain drivers across the trucking industry, American Trucking Associations Chief Economist Bob Costello said.
February 22, 2016U.S. Economic Growth Expected to Accelerate, ATA Says
The U.S. economy will accelerate during the remainder of this year after a tough first quarter, but rising operating costs will continue to limit fleetsā profitability, according to the latest forecast from the chief economist at American Trucking Associations.
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