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Trucking News

Freight recovering – but only for some

Published Thursday, February 28, 2008

Despite an overall U.S. economy still in turmoil, there are signs that truckload freight volumes are starting to recover, albeit slowly and only in selected segments. However, experts caution that the trucking industry isn't out of the woods yet and won't probably see a full freight recovery until the second half of the year. The lobbying group American Trucking Assns. (ATA) reported that its for-hire truck tonnage index increased 2.4% in January this year, following two months of increases at the end of 2007 – a 0.9% jump in November followed a 1.5% increase in ...

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