US truck tonnage, shipper spending hit highs

A strong surge in truck freight demand in the United States redefined the dog days of August and set US shippers on a route toward tighter capacity and higher prices this autumn. Truck volume as measured by the American Trucking Associations’ (ATA’s) For-Hire Truck Tonnage Index leaped 7.1 percent in August from July, and 8.2 percent year over year, the ATA said Tuesday. ATA revised July’s tonnage index increase from 0.1 to 0.5 percent.
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