Truckers’ ‘ton­nage’ down 4.3% in June

Northwest Arkansas Democrat-Gazette - - BUSINESS & FARM - — Dal­ton LaFerney

The amount of weight that trucks hauled in June fell by about 4.3 per­cent from May, when trucks hauled about 6.9 per­cent more than in the pre­vi­ous month, ac­cord­ing to an Amer­i­can Trucking As­so­ci­a­tions in­dex.

That amounts to about 277,000 tons in June, down from 289,400 tons in May.

The weight, called “ton­nage,” is one of sev­eral met­rics to de­ter­mine the health of ship­ping freight mar­kets, which an­a­lysts say seem to be strength­en­ing.

De­spite the drop from May, the ton­nage in June was up about 1.3 per­cent from last year. In May, the ton­nage in­creased about 5.2 per­cent com­pared with May 2016.

“June’s slide does not change my belief that we will con­tinue to see mod­er­ate, al­beit at times choppy, growth in truck ton­nage as the year con­tin­ues,” Amer­i­can Trucking As­so­ci­a­tions chief econ­o­mist Bob Costello said in a news re­lease.

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