ATA Says April Tonnage Index Hits New Record
The increase boosted the index to 160.8, ATA said. Freight levels from 1993 represent 100 in the index.
“There’s a significant amount of freight to be hauled from this much-stronger economy,” said ATA Chief Economist Bob Costello, “so it’s no surprise that truck tonnage was robust in April.”
ATA said that in 2003, trucks hauled 9 billion tons of freight last year, 68.9% of all freight hauled in the United States. Trucking companies collected $610 billion from shippers in 2003, 86.9% of all the revenue generated by transportation companies.
