Today, a leading transportation researcher characterized a report pre-pared for a railroad-funded organization on the safety of more productive trucks as fatally flawed.
American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index declined 0.8% in June, following a revised 0.9% gain the previous month. In June, the index equaled 128.6 (2000=100) versus 129.6 in May. The index is off 1.9% from the all-time high in November 2013 (131.0).
Today, American Trucking Associations released the latest edition of its look ahead at the future of freight: ATA U.S. Freight Transportation Forecast to 2025, which shows continued growth for not just the trucking industry, but for the freight economy overall.
The turnover rate at large truckload carriers rose just one percentage point to 92% (annualized rate) in the first quarter of 2014, but held above 90% for the ninth consecutive quarter.