ATA figures show US truck volumes slipped 0.6pc in May

US TRUCKING's earlier robust growth slipped 0.6 per cent in May, according to the American Trucking Associations (ATA) figures.

The trade association said its index of for-hire motor carriers fell 0.6 per cent in May on a sequential basis, after rising in March and April. Progress continued year on year, with tonnage up 7.2 per cent, reported American Shipper. Year-to-date tonnage was up 6.2 per cent from a year ago.

"Despite the month-to-month drop in May, the trend line is still solid. There is no way that freight can increase every month, and we should expect periodic decreases. This doesn't take away from the fact that freight volumes are quite good, especially considering the reduction in truck supply over the last couple of years," ATA economist Bob Costello.
(Source:www.schednet.com)