ATA: Tonnage took a dive in December
Yet trade group sees “positive signs” for freight volumes in 2017, most notably via reduced inventories.
The American Trucking Associations (ATA) said its for-hire truck tonnage index plunged 6.2% in December following a revised 8.4% jump during November – the continuation of the “up and down” month-to-month swing in freight volumes experienced for much of 2016, noted Bob Costello, ATA’s chief economist, in a statement.
“I don’t recall a year in recent memory with so many large swings on a month-to-month basis,” he said.
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Source:: http://fleetowner.com/fleet-management/ata-tonnage-took-dive-december