The American Trucking Associations’ For-Hire Truck Tonnage Index increased by 1.2% in October compared to September when seasonally adjusted. The organization also revised September’s figure upward to 113.3.

“The slow, and choppy, climb off of the bottom continued in October,” ATA Chief Economist Bob Costello said in the monthly report. “Since hitting a low in January of this year, tonnage is up a total of 3%, plus the index is up sequentially in three of the last four months. No doubt the freight market has improved – albeit slowly – over the course of the year.”

The ATA For-Hire Truck Tonnage Index decreased by 2.1% in September to 113.2 compared to the previous month when seasonally adjusted, per a news release. The organization also revised August’s figure downward to 115.6, from a previous estimate of 115.8.

“After increasing a total of 2.1% in July and August, tonnage fell by that amount in September,” ATA Chief Economist Bob Costello said in the monthly report. “Freight has been very choppy this year, but despite the latest drop, tonnage is up 1.8% since hitting a low in January. No doubt, the climb up has been slow and difficult as manufacturing activity remains flat, but the trend is up, not down.”

The ATA For-Hire Truck Tonnage Index increased by 1.8% in August to 115.8 compared to the previous month when seasonally adjusted, per a news release. The organization also revised July's figure upward to 113.8, from a previous estimate of 113.7.

"August tonnage levels rose to the highest level since February 2023," ATA Chief Economist Bob Costello said in a monthly report, adding that the industry is at an inflection point in the freight market.

The ATA Truck Tonnage Index slipped 0.3% in July to 113.7 compared to the previous month when seasonally adjusted, per a news release. The organization also revised June’s figure downward to 113.3, from a previous estimate of 113.5.

“While July wasn’t a strong month, we see continued evidence that the truck freight market is likely turning a corner, albeit slowly,” ATA Chief Economist Bob Costello said in the release. “Some of July’s small gain was likely due to strong import activity, especially at West Coast seaports. Decent retail sales and factory output growing slightly from a year earlier also helped truck tonnage last month.”

The ATA Truck Tonnage Index decreased 1.6% in June to 113.5 compared to the previous month when seasonally adjusted, per a news release. The organization also revised May's figure downward to 115.3, from a previous estimate of 115.9.

“While giving back some of the gain from May, it appears that truck freight tonnage is slowly going in the right direction since hitting a recent low in January,” ATA Chief Economist Bob Costello said in a monthly report.

The ATA Truck Tonnage Index decreased 1.2% in April to 111.7 compared to the previous month when seasonally adjusted. The organization also revised March's figure downward to 113.1.

"With a rebound in freight remaining elusive, it is likely that additional capacity will leave the industry in the face of continued softness in the market," ATA Chief Economist Bob Costello said in a monthly report.

The ATA Truck Tonnage Index decreased 2% in March to 113.4 compared to the previous month when seasonally adjusted. The organization also revised February's figure downward to 115.7.

“Tonnage in March suggests that truck freight volumes remain lackluster, and it is clear the truck freight recession continued through the first quarter,” ATA Chief Economist Bob Costello said in a monthly report.

The ATA Truck Tonnage Index increased 4.3% in February to 116 compared to the previous month when seasonally adjusted. The organization also revised January's figure upward to 111.3.

“February’s level was the highest in a year, yet the index still contracted from a year earlier, suggesting truck freight remains in a recession,” ATA Chief Economist Bob Costello said in a monthly report.

The ATA Truck Tonnage Index decreased 3.5% in January to 111 compared to the previous month when seasonally adjusted. The organization also revised December's figure downward to 115 from its initial release.

“January’s data was a snap back to reality for anyone thinking the freight market was about to turn the corner,” ATA Chief Economist Bob Costello said in a monthly report.

The ATA Truck Tonnage Index increased 2.1% in December to 115.7 compared to the month prior when seasonally adjusted. The organization also revised November's figure slightly downward from its previous release.

Despite the uptick, tonnage contracted from 2022 to 2023 and remained in a recession, ATA Chief Economist Bob Costello noted in a monthly report.