According to the American Trucking Association (ATA), in the first half of 2011, the trucking industry experienced significant growth over the same six month period in 2010. This is evident in the ATA Truck Tonnage Index, which is a factor of the monthly tonnage hauled by motor carriers that are ATA members.
The net growth is largely thanks to a significant increase in the Index in June 2011 over June 2010. The 6.8% jump made June the strongest month for growth since January.
While an increase in the ATA Truck Tonnage Index is good news for the industry, the tonnage hauled for the second half of 2011 will depend largely on the overall strength of the economy. If sectors such as manufacturing continue to increase, then the tonnage hauled by motor carriers is expected to do the same.
For more information, visit http://www.truckline.com/pages/article.aspx?id=914%2F{8E1C7279-ED27-4C03-B189-CEEEE26BBB12}.
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