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Transportation Market Update

  • “Volatility continues to reign in 2016. This month’s tonnage reading highlights this fact and underscores the difficulty in determining any real or clear trend in truck tonnage,” said ATA Chief Economist Bob Costello. “What is clear to me is that normal seasonal patterns are not holding in 2016.”

  • “Despite a difficult to read August, I expect the truck freight environment to be softer than normal as well as continued choppiness until the inventory correction is complete. With moderate economic growth forecasted, truck freight will improve as progress is made with the inventory overhang.” – American Trucking Associations
  • “Counter to this, truck loads have now contracted on a YOY basis four out of the last six months, with July’s -3.46% bringing the three-month moving average on total loads down to -1.59%. No matter how it is measured, the data coming out of the trucking industry has been both volatile and uninspiring”. – Cass Information Systemstransport update oct